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tv   Interviews Culture Art Documentaries and Sports  RT  March 5, 2014 10:00pm-1:01am EST

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i. think. everybody. did you know the press is the only industry specifically mention in the constitution. that's because a free and open press is critical to our democracy correct albus. going. to make their own i'm sorry and i'm a show we reveal the picture of what's actually going on and we go beyond identifying. rational debate and real discussion critical issues facing the camera ready to join the movement then walk away then there's. a low on my path antonio in for tom hartman in washington d.c. and here's what's coming up tonight on the big picture the united states is
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supposed to be a republic it's not supposed be a monarchy but have the one percent turned into america's very own class of royals more on that in just a moment and a in a well they canceled their hit show hoarders back in september so why are big banks stocking up on golden stocking up on ten and every other commodity under the sun. you need to know this president franklin roosevelt had a clear vision about how seriously capitalism was threatened by a small group of wildly wealthy elite that he referred to is economic royalists. the way to. economic. blame that way
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up. there is. america what they really plain. is that we seek to take away. in banking. they seek to hide it behind the flag and because. then map the line admit they get what the flag on the constitution sandbox you see f.d.r. grew up in the homes and in the schools in the opulent country clubs of this crowd that he referred to as economic royalists so it was clear he understood every detail about their attitude there wasn't any guesswork of what went into his warning that the economic royals were if they're not controlled then our system of capitalism would mutate into an economic system no less harsh no less destructive and no less dysfunctional than rank fascism f.d.r.
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was genuinely fearful of the powerfully destructive capacity of an unchecked powerful elite f.d.r.'s advisors feared financial anarky that shifted almost total power to the industrialist and the small group of wealthy power brokers with all the money dysfunctional capitalism would promote anarky and he knew that. what what they feared is is easy to understand healthy capitalism unworkable democracy requires that money whether it comes from the government or whether it comes from the private sector has got to move from the bottom up if that money fuels capitalism if that money moves from the top without a mechanism to move to the bottom then that money stagnated becomes useless the money becomes useless to the machine of capitalism because it can't fuel the machine anymore it only fuels the power at the very top of the wealth ladder and capitalism fails people at the bottom of that economic ladder well they don't buy
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new televisions or new cars because money isn't available to fuel the machine works yet all of the power and all of the influence flows to the control of the richest of the rich and the concept of democracy is trashed. the wealth remains at the top the top of that machine we call capitalism gags itself on too much wealth that heavy top loaded machine begins to atrophy at the middle and at the bottom and here's what f.d.r.'s advisors told him and maybe it's what scared the hell out of f.d.r. when that machine that started out as pure functional capitalism begins to sputter and stall well it chokes itself at the very top the system begins to morph into something that has a single purpose of preserving and protecting and guarding only the interest of the oleg ours the economic royalists who control all the gold at the top all the cash
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at the top changes the entire dynamics of government in the mocker see f.d.r. understood that it leads to an elitist induced anarky in other words we start looking like a third world country modern economic law rule us will they have a lot to gain when capitalism fails to work for everybody failed capitalism helps create the kind of this function that shuts down a working government these past six years when we saw threats of government shut down it wasn't the oligarchs government that was being shut down it was the government that regulates them it regulates their multibillion dollar corporation it regulates the government that taxes them the government that sometimes even makes an effort to make sure that they play by the same rules as an american making thirty thousand dollars a year instead of thirty thousand dollars an hour. the buffoonish looking republican tea partiers who were making all that happen were simply tools
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accomplishing all that for an economic elite that would prefer a disorganized anarky in washington fewer rules less oversight no in forstmann but most importantly a narrative a narrative that suggests we can't govern ourselves that our government is dysfunctional and that we need to scrap the entire system and rebuild a government in a way that's more pleasing to the america's economic royalty economic royalists are now armed with more cash than they've ever had they can spread it around they own their own supreme court majority they dominate majority of judges at both the federal level and the state level they own the media they dominate even the military leadership at the very top this more reactionary than we've seen in a half a century when they want new legislation they buy it when they want to commit crimes without prison terms they spread around a little more money billionaire and heritance babies who know that government
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anarky gridlock in dysfunctional government works well for them they know that while they're today working off the same playbook that scared the hell out of f.d.r. eighty years ago and you know what it should scare you joining me now for more on this is dr richard wolfe he's an economist and professor of economics americas university of massachusetts and purse and he's a great author including the book democracy at work richard welcome. you know economic inequality is in excess and it's a poison to our nation is the only way i can describe what your take. yes i think this has been true now for thirty to forty years it's been building more and more the simple statistic that the wage level the real wage that americans have has stagnated for the last thirty or forty years while the productivity of american workers has kept rising all of that extra output has become profits and incomes to
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the highest people in our society in terms of their wealth making them wealthier and wealthier it is a system that is spinning out of control you know we used to be proud as a nation that we have a big and thriving and growing middle class we now know everyone who is paying any attention that the middle class is becoming the lower class there is no more middle there's the few at the top and the mass of the rest of us trying to make a living and that means that the american economy which was geared to a big middle class is no longer functioning very well and obama's jobs don't come about let me ask you this isn't part of the problem that the wealthy have become unproductive in a sense they don't build anything they don't manufacture they don't create they speculate with the limitless wealth they have available with toxic trash like swaps and derivatives and synthetics isn't that part of the poison that we now have in
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the system. absolutely that's part of it but another part of the poison is that they long ago decided to move production to where the wages are cheaper so they could make more money they don't worry about the social consequences of creating a a wasteland like detroit in michigan because the companies left they don't worry about the consequences there is a kind of mad rush to accumulate and accumulate and what's building below is a mass of people who are becoming resentful angry bitter watching their children accumulate debts to go to school watching their job prospects evaporate this is not a sustainable economic arrangement and specially in a country that prided itself at least india logically on being a society that doesn't have extremes of wealth and poverty richard i see your material sided almost everywhere in one thing that you talk about is how this
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poison infects the democratic process now the words what you have is you have people like the koch brothers putting five hundred million dollars to buy our democracy in a time where it takes eight million dollars for a senate for a senate run this means that only wealthy or billionaire trained lat dogs can run for political office we've written about that talk about it here. well i think the basic question is this if you are one of the rich few who are accumulating like mad who have these enormous fortunes it doesn't take rocket science to understand that as you impoverished the mass of the people as you push the middle class back into the poverty stricken those people the mass of our citizens on food is soon going to figure out that their only recourse at this point is the ballot box to use the fact that the vast majority are those excluded from great wealth and that maybe they can
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use politics to undo all of the damage they suffer from the way our capitalist economic system works richard is it their way as you this isn't a reflection that c o o's no longer they're no longer paid for results they're paid merely for their status and their connections the system has become so dysfunctional so poison that a guy like nardelli caused home and home depot stock to drop forty percent and crazy bob pocketed two hundred forty million dollars in the process richard fold or he bankrupt shearson lehmann and he was paid four hundred million dollars to do that isn't that a sign that something is not right here. yes these folks are being paid for the same reason that they shell out they asked amounts of money to control our political parties our candidates and all the rest their job in politics is to prevent anything and anyone from interfering in the extraordinary
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inequality that has become the american economic system and we're poisoning our democracy because it isn't a society is an economy and a government that works for people it works for a tiny minority and you can fool people for a while and you can claim that it'll all be fixed but when it gets worse not better and it keeps continuing you are building the basis for a radical alteration because i don't think americans will recall or rate this for very much longer richard thank you you're always out front on this topic if they want to understand what's going on with this read richard wolfe thank you very much for joining us oh my pleasure thank you coming up if you like relaxing on a friday night with an ice cold beer then you should be very concerned by what the big banks like goldman sachs are doing in the commodities market is the reason why right after the break.
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technology innovation and the developments around. the future covered. i would rather ask questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on our t.v. question for. spruit
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a.n.e. cancels its hit show hoarders last september but if the network ever wants to relaunch hoarders it should seriously consider featuring the big banks goldman sachs j.p. morgan as its guest stars that's because as matt taibbi recently showed in an article for rolling stone those big banks have become crazy hoarders themselves and thanks to a little known loophole in one nine hundred ninety nine law known as the graham reilly act that's where it all started goldman j.p. morgan morgan stanley and other wall street giants have started gobbling up commodities everywhere copper gold ten nickel you name it and i can promise you this they control it and what's worse they also control the businesses needed to ship needed to transport and store those commodities for all the talk politicians
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in washington make about cracking down on corruption they've allowed a giant cartel to form right under their noses and you and me and all americans are paying for that cartel joining me now for more on this is peter moos a one of the five lawyers and eleven law and i'm going to tell you this peter glass steagall was paid you know it paid the price of glass steagall when we lost it it was put in place because of the u.s. saw decades of wall street banks devising so many ways to put our economy at risk that america arguably would have been in a perpetual state of depression what's your take on what you're saying with this new new commodities scam. i tell you what pap a the act that was employed from the great depression it was extremely important glass steagall as you mentioned it had those chinese chinese walls in place to keep the information in the different pieces of these banks and insurance companies separate it was vital to the
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integrity of our securities markets in of our banking system and it worked for decades in one thousand nine hundred as you mentioned a little piece of legislation a loophole that removed the the chinese walls and allowed the banks to buy called horizontal integration pap top to bottom start now oil in the ground to use the oil as an example or oil in the ground owned the commodity in the ground and as it goes up the food chain top to bottom from the ground to the tankers to the storage and most importantly the securities trading the derivatives the futures these wards banks own the commodities and most importantly perhaps the information which is absolutely critical to making investments and making bets on investments and the banks are controlling it from top to better lemaire all the whole big problem let me ask you this we've we've experienced the great wall street mortgage crime that's
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the first thing we saw it cost us thirteen trillion dollars lost in pensions and bonus and mortgage failures the great we've seen the great wall street liable for scam well it cost us billions we've seen the great wall street currency trades scam just to name a few that we know about so now the new great the great wall street commodity scam is here how dangerous is this to the average american i mean how dangerous i mean it's absolutely incredible let's look at two thousand and eight because that's a great analogy in the analogy is it was the removal of the chinese walls between retail banks and investment banks on the mortgage side the combining of given the mortgages selling the morgue. it is packaging the mortgages securitizing the mortgages and then reselling them and betting on those mortgages that brought our entire economy down that was what happened when we remove the chinese walls between these mega banks and created these huge companies exact same problem we have right
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now with this example but now we're discussing peter how can you ever trust the stock market when the it i think be said this it's the equivalent of a casino owner also owning the football teams that are bet on inside the casino now how does that how does the system work where the an average investor out there can ever trust that they have enough information when you have the goldman sachs crowd hustling the system from the bottom to the top now they don't you know the way they hustle that twenty four hours before they put these commodities out on the market they know they're going to do it so they set the prize they say they sell when they have to sell they buy when they have to buy it and nobody knows about how do we ever have a workable system where you can trust the system i mean personally i don't buy individual stocks you buy big passive investments and begin to seize but how do you
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deal with this problem the problem comes in the regulation pap i mean it when the regulators come in they don't enforce the rules these conflicts of interest there's a slap on the wrist fraud cheat at the end of the day fraud is cheap it's big huge money to buy these commodities up and down that horizontal structure control and control the information control the prices control the derivatives it's absolutely a perfect analogy the exact same thing that happened with mortgages this is the next bust i promise you this is the next budget or i know that you do more of this than most people in the country i know when you heard president obama say he was going to change all this that you were optimistic that maybe he was going to gain control over wall street once and for all but what not much is really changed if. you look at the robert rubin years the larry summers years the pedestrian nothing's changed here if anything the system has gotten worse we have an attorney general that won't even prosecute these criminals how do we ever say that we can we can
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tell our broker yes invest here invest there if we don't even know what's going on behind the screen how are we ever safe you deal with these issues all the time the only way i think to enforce is the regulators are always a day late and a dollar short they can't keep up wall street's too innovative they're always finding loopholes that wall street's always a day where i'm sorry regulators are always a day late and dollar short the way to fix this is to prosecute the crimes when they happen prosecuting vigorously get real trial authority whether it's criminal or civil both that's number one number two the compensation system the biggest problem here is we pay our c.e.o.'s or senior executives of wall street money to take bets bets with our money they bet with our money and they're compensated if they win but if they lose there's no ramifications perhaps the compensation structure is broken the regulatory structure is broken and the system that enforces the policies of our regulatory system are not be in force you see it every day slap
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on the wrist walk away with hundreds of millions of dollars and create a culture and only what i've got about twenty seconds but let me ask you this is interesting to me brokers believe if you really think about it it's almost like wall street only allows the broker to make so much you can only lead over to make make so much so people stay in the market do you see that happening more and more it's kind of the lead and yeah let's let this little p.r. on with the pension program make a little bit of money but not too much what you take wall started wall street advice wall street advice is a myth perhaps they have wall street has sold us millions and hundreds of millions of dollars they sell every year that we need wall street advice to make money that is absolutely ridiculous in the large cap space the information's out there there is no way. that the research that these big banks are selling help people make a profit in the wrong one all it does is create additional profits on the trading side for wall street commissions in the trade over thanks peter got to go peter move always on top of this story stay with it ok it matters to americans thanks but
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. more than five years after wall street crash the economy the big banks are bigger than ever and you know what's worse too big to fail has turned into too big to jail h.s.b.c. for example got got off with barely a scratch after it caught it was caught money laundering for drug cartels for god's sakes for terrorist groups j.p. morgan meanwhile got to write its own settlement with the justice department a settlement that knowledge is good for them taxpayers pay for their settlement there's an old saying that those who don't remember the past are doomed to repeat it and right now we're repeating the past in the worst kind of way instead of jailing the banks stirrers we've bailed them out instead of clamping down on the banks we've let them consolidate their power in their growth so as tom pointed out recently the question of the next big crash isn't a matter of is it going to happen it's just
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a matter of when. as the great yogi berra once said it's deja vu all over again right now millions of americans are still struggling to recover from the two thousand and eight financial collapse that collapse was fueled by the housing crisis when wall street banks toure's were running around betting on risky mortgage backed securities that they could sell the investors make billions from they were able to do that because the gramm leach wiley act in the commodity futures modernization act had basically blown up rational banking regulations and as a result we saw things like so-called mortgage liar loans banks were able to turn billions of dollars in risky mortgages into trillions hundreds of trillions of dollars in derivatives and then of course everything went to hell fast forward to today and because of dodd frank there's no more law liar loans banks just can't run the same old scam if they did during the housing crisis so they found
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a new way to come up with a real estate backed securities that could be turned into a derivatives worth billions in profits how they become landlords as marilyn volin points out over time dispatch in the past year and a half the banks on wall street hedge funds big banks and private equity firms have purchased hundreds of thousands of mostly foreclosed houses across the country among the firms and big banks buying up america's real estate is the blackstone group the largest private equity firm in the world they have out romney mitt romney the blackstone group alone has bought nearly forty thousand houses across america spending seven and a half a billion dollars in the process blackstone for example bought fourteen hundred homes in atlanta in one day and owns nearly two thousand houses in the charlotte north carolina metro area. so why are blackstone or other wall street firms buying up foreclosed houses all across the country it's simple by renting these houses
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back to americans and then. securitizing america's on the rental market they can bundle up rental payments the same way they used to bundle up mortgage payments and sell them to investors it sounds familiar doesn't blackstone alone has partnered with several of america's largest banks to bundle the rental payments of over three thousand homes and they're just getting started last month blackstone released the first ever rated bond completely backed by securitize rental payments and sure enough investors rush to get in on the action when this latest get rich quick scheme by wall street blows up and it will the big banks and financial institutions will be just fine like they were in the aftermath of two thousand and eight because they leverage these things so much and they own the underlying assets the houses they have very little skin in the game instead you and i are going to get in face the consequences of their actions thousands of americans would find themselves on
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the streets looking for a place to call home and our economy will be shattered you could see a housing and financial collapse that makes the great recession look mild so i discuss in my new book the crash of two thousand and sixteen basic promise of my book is that conservative lawmakers over reacted to the progressive changes in america that took place in the sixty's and seventy's over reaction which included massive deregulation and tax cuts opened the door for predators particularly predatory predatory banks to step in and wreak havoc on our economy and as we see with wall street's new efforts to turn rental homes into cash cows that door has not been closed the predators are again up to their old tricks nothing has changed elizabeth warren was right when she said that the system is rigged and if we don't do that system quickly we're going to see another disaster very very soon. coming up president obama is calling his twenty fifteen budget
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the end of the age of austerity but doesn't go far enough to put the painful cuts of budget wars behind their answer right after the break. your friend post a photo from a vacation you can't afford college different. the boss repeats the same old joke of course you like. your ex-girlfriend still pens tear jerking poetry keep calm norris. we post only what really matters. to your facebook news feed. i'm. a. big corporation kind of thing to. do and bank right it's all been all about money and i'm
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a family that for politicians write a lot and. thanks for coming out. here just to pledge. today by. that. i suspect. they were going to do it. did you know the price is the only industry specifically mentioning the constitution. that's because a free and open press is critical to our democracy correct.
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them you know i'm sorry and on this show we reveal the picture of what's actually going on will we go beyond identifying the problem. rational debate a real discussion critical issues facing our family member ready to join the movement then welcome to the big. welcome back to the big picture might happen tony a win for tom hartman coming up in this half of the show president obama revealed his twenty fifteen budget yesterday which calls for increased taxes for the wealthy lead in more help for poor and working class americans so what's the president's new budget all about is there anything that congress can do to screw it up also yesterday marked the beginning of the lone star state's new voter suppression id laws it's going to prevent thousands of texans from voting republican bag voter
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suppression efforts be on their way out thanks to some wording buried deep in the voting rights act and despite conservatives what they tell you about what governments. estimates in the form of things like minimum wage increases and on unemployment benefits they can do wonders for our economy but why is that bill thomas going to tell you in tonight's daily take. in the best of the rest of the news yesterday president obama released his twenty fifteen fiscal year budget the three point nine trillion dollar budget would raise taxes on the wealthiest americans and expand tax credits for poor and working class americans the president's budget is also looking for six hundred fifty billion
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dollars in new revenue from america's super rich good luck with that it puts the buffett rule into the u.s. tax code it cuts the size and pay for the military and it creates in expands a variety of social programs and as promised the chained c.p.i. cut to social security benefits is nowhere to be seen at least right now president obama talked about his budget yesterday let's take a look. budget i sent congress this morning lays out how will implement this agenda in a balanced and responsible way it's a road map for creating jobs with good wages and expanding opportunity for all americans and a time when our deficits been cut in half it allows us to meet our obligations to future generations without leaving them a mountain of debt. in the weeks leading up to the budgets big reveal president obama said that it would mark the end of austerity in america very important words so is this an austerity busting budget or
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a budget the doesn't go far enough in addressing the many issues that are affecting millions of americans today i want to ask richard s. cal fellow senior fellow actually with the campaign for america's future richard welcome is oh obama still acting out his grand naive compromise scene where it comes to policies of austerity or is what we're seeing real. well i don't think boldness is in his nature i think he's recognized it seems to be that he's recognized that his budget is not going to be something that republicans are willing to act on it it's four or five years until it's good that he's saying that but you know he made very strong proclamations for this budget he said it would declare the end of the era of austerity and while there is some spending in there there's some taxation on the wealthy some tax cuts for lower income people this is not the end of the era of austerity it was very careful to use rhetoric like balanced in there is very careful to talk about the fact that that the deficit as
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a percentage of the of the national economy would go down by two thousand and twenty four we're in an emergency now and you know i believe in water conservation might but not blame the house on fire i'd like to see and i'd like to see him really talk about our real problems right now get off the deficit rhetoric altogether talk about rebuilding the economy and again i like to see him give tax breaks to people who are struggling to get by i'd like to see him address the issues that are making so many americans illiterate isn't really part of the problem this is a president who believes more in centrists theory of economics than he does progressive theory of economics there's no way we can avoid that there's no way that we can kid ourselves or you know make this notion that this is truly a progressive president he's a reagan i mean the only way i can describe is reagan type democrat and i'm just not saying anything more he still has this thing on the table this thing on the
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table about c.p.i. holding it out there hoping to negotiate the grand bargain as the way i'm reading this. well his people were very clear that that's still something he would be willing to include in a grand bargain it was the last pressuring him to take it out that's the only reason why you don't see it in that document right now and you're absolutely right and i doubt that there are very very many times in the last seventy five years where this guy's thinking would not be considered mainstream in the republican party you know his his folks made a point of telling reporters that this budget would represent what he would do in an ideal world if he didn't have political constraints and unfortunately i believe that well let me look you have the guy surround himself with a erskine bowles alan simpson he said to them go out in figure out what to do he knew what alan simpson was going to say is going to say cut benefits you know what erskine bowles was going to say cut benefits he knew that he had every blue dog democrat in the world saying we have to take away the safety nets i'm just not
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convinced you know we've seen it before we've seen the talk and then we said ok great speech mr president now let's see you follow through on this how many times have we seen this with this administration. well absolutely of course and i mean if you want to look for a silver lining in all those dark clouds mike i would say the fact is that's the talk it's got to give that's the talk that wins elections that's the talk that people want to hear so the challenge for the rest of us is how do we turn that into action with this guy it's got to be pressure pressure pressure and then with elections coming up it's got to be how do we elect people who are going to push the kind of agenda that most people including in a lot of cases most republicans want to see an active job creation and protecting so and expanding social security doing the same for medicare how do we get that down the public wants it richard are we heading down the same path with hillary clinton i mean it is are we just saying ok let's his shift horses we've got this obama presidency that is completely own and operated by wall street now we're
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getting ready to move to hillary clinton who it was invented by wall street for god's sakes what's going to be different that's going to shape this up to where when a president says to us you know i really do care about the working poor i really do care about the middle class rather than give us a speech they actually take action ones that are going to happen well you know that old definition of insanity doing the same thing over and over again and expecting a different result you know i this is where i get very harsh on my friends the democratic base not just the leadership you have a politician in hillary clinton who was part of a very right leaning economic administration hasn't said what she'd do about financial reform hansen said what she do about unemployment has a set which she do about social security or medicare and they all want her to run they all wanted to be the nominee eighty percent of the democrats want to run and yet democrats will tell you they're not the party of personalities that's not the way to show me you're not the party person out there dressing her up like
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a populist a little bit warm and fuzzy and i don't know about you richard but i'm not buying it richard s.q.l. as usual right on the edge of what's important these issues thank you for joining us. you bet thank you. when president obama's budget reaches congress it's pretty likely that not a single thing will get passed by this hyper partisan republican controlled house of representatives but that shouldn't come as a surprise to anyone because that's been the republican plan since day one of the obama administration before president obama even stepped foot in the white house as commander in chief a group of republicans had a secret meeting here in d.c. and they plotted the intentional sabotage of the obama presidency recently tom talked about the caucus one conspiracy and the links to which republicans are willing to go to sabotage the obama presidency let's take a look. back on the night of january twentieth two thousand and nine the first the day that president obama was first inaugurated fourteen republicans got together in
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a private room at the caucus room restaurant here in washington d.c. and hatched a plan to sabotage the obama presidency at every opportunity no matter how much damage it would do to the american people on the guest list for the for our invitation only meeting with republican congressman eric cantor paul ryan kevin mccarthy pete sessions jeb hensarling pete hoekstra and dan lungren republican senators jon kyl now heritage foundation president and then senator jim de mint tom coburn john ensign and bob corker were also tense the meeting was also attended by republican propaganda group frank luntz and by former speaker of the house and current c.n.n. pundit newt gingrich who told us about that meeting on this program during the dinner the republican conspirators vowed to bring congress to a standstill regardless of how badly congressional inaction would hurt the already hurting american economy and people in essence they pledged to each other to
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obstruct filibuster and block any legislation that might improve the economy and make president obama look good congressman pete sessions told the national journal in march of two thousand and nine that the republican said. plan hatched at the caucus room restaurant would borrow of age from the tactics of taliban terrorists he said that taliban insurgency we understand perhaps a little bit more now because of the taliban insurgency is the way they went about systematically understanding how to disrupt and change a person's entire processes and these taliban as an example is interesting it's an example of how you go about to change a person from their messaging to their operations to their frontline message and we need to understand that insurgency may be required when dealing with the democrats on the other side texas republican went on to say that if the democrats do not give us those options are opportunities then we will become insurgency i think insurgency is a mindset and an attitude fast forward to the debate in washington today over the
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debt ceiling and looming government shutdown well there's no chance of the democrats will agree to defund obamacare senator ted cruz is still leading the taliban style suicide bomber charge to shut down the government over obamacare isn't defunded christmas plan is so crazy that even the editorial page of the wall street journal which typically leans crazy itself compared his efforts to a charge into the fix bayonets that of course is exactly the sort of thing the taliban would do or is this plan to shut down the government is just the latest version of the taliban insurgency plan that pete sessions and his fellow republican activists had back on january twentieth two thousand and nine at the caucus room restaurant as the chattanooga times free press brilliantly depicts senator cruz and his fellow republicans who are willing to shut down the government and cause unthinkable harm to the american people are really just a bunch of suicide bombers who will go down shouting iran and akbar to the.
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coming up republicans are increasing the minimum wage they don't ever believe that increasing that minimum wage is going to do us any good can you imagine them saying yeah let's do that i can't even though it's already clear that washington state has proven that it works tom is going to have more on that tonight on tonight's daily take. we welcome aaron nathan abby martin to the to a precocious on the r t network. it's going to give you a different perspective give me one stock tip never i'll give you the information you make the decision don't worry about how bring you the work the revolution the
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mind it's a revolution of ideas and consciousness frustrated with the system extremely new approach which would be described as angry i think i'm a strong enough under single. i've got a quote for you. it's pretty tough. stay where it's not story. let's get this guy like you but smear that guy's stead of working for the people tissues the beach. for each other primes do you think. they did rather well. on tuesday texas voters cast their ballots in the first primary of the twenty
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fourteen midterm elections. it was a big day for the future of texas democracy and not just because wendy davis won the democratic nomination for governor tuesday was also a big day because it marked the start of the texas new voter id suppression efforts although struck down by the justice department two thousand and twelve those laws were reinstated when the supreme court gutted section four of the voting rights act since that june decision texas and other republican controlled states across the country have passed restrictive new laws aimed at preventing african-americans latinos students and other democratic leaning groups from going to the polls but those voter suppression efforts may have a snag in the form of a little known part of the voting rights act known as the bailin provision joining me now for more on this is david haynes managing attorney for the cochran firm david at least ten lawsuits have been filed into the this poorly understood part of
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of call the bailin people have heard that but they don't know quite what it is explain it to us well this is one of the section three of the last provision that we're left with now that the u.s. supreme court has essentially gutted the voting rights protection act the procedures that we had in place and americans need to realize that the right to vote is systemically being taken away in the states or in state by state around our country and we need to wake up and realize the republicans are denying the right to the ballot box and there is having a direct impact on minorities young people and this is going to have a significant effect all the way up to washington so lawyers like you got creative when they said listen the the the majority of the republican majority of the supreme court does not want people to vote so what do we do about it we go in we back door by section three and section three called the bail in is something that lawyers all over the country are using one of the ten lawsuits it succeeded
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eighteen times what's your take on the use of such and through oh this is going to be helpful. it's not nearly what pre-clearance was under section five is what we had we do have the ten lawsuits you mentioned we also have that eric holder has filed suit in north carolina and texas which are two of the most extreme examples of these sort of rollback provisions this is essentially the new poll tax to keep folks out so beilin requires that if there's evidence that there has been a disparate impact that then the have to get clearance in the future differences you hear after you have to show intent here you have to say that a state is intentionally trying to keep people from voting the the pre-clearance there was a presumption if a state like north carolina wanted to change the law then by golly there was a presumption that it was to keep people from voting and they had to get preclearance that's out the window because you feel like section three this balian at least gives us some possibility to cause problems for the bad guys here in the bad guys of the people who don't want to vote it absolutely is a mechanism that we can use and we need real political change frankly we have
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a number of states that have historically discriminated and had a history going back thirty forty years before the civil rights movement of denying the rights of the ballot box and because of the recent supreme to score decision in shelby beholder now we're having to come up with other ways and there's these states still need preclearance we can see what they're doing in these states one thing we can count on for sure is congress is not going to do anything hell they can't even pass a budget half the time much less they can even pay for government much less pass a law that allows people to vote so we're kind of on our own aren't we isn't that good or a lawyer hell it's left up to the lawyers to try to litigate these cases in the federal courts around the country and we need political change real political change and americans need to stand up if they want the will of the people to be heard or do we only want certain people the you know the well off the the middle aged not having the minorities have the right to vote stale male pale and very wealthy that's that's who the republicans want to vote look they've made serious
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inroads in keeping people from voting north carol. and texas out rageous north carolina is like the edge of crazy right now that was a state that used to matter that people wanted to vote that they encourage voting now they have gone into crazy ville tell us what they're doing and well you know if we were in north carolina early voting two weeks ahead of time now it's down to two days you've got to have a photo id you they're putting up whatever hurdles they can and place in front of these folks so that we can get to the ballot box and it has a disparate impact of course on working folks on minorities you saw from the graphic you just put up twenty five percent of blacks don't have a valid photo id do we want our citizens to be able to vote or not and the republicans clearly what i can tell you republicans don't want people to vote and that's the problem here we have to fight back if you listen to this broadcast understand there is a way it is the bail in litigation and it is section three that allows you to do that very important david haynes thank you thank you for being out there dealing
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with issues like this. last month the the congressional budget office released a report saying that increasing the minimum wage could result in a loss of jobs of course the republicans in their flying monkeys jumped all over that report arguing that is proof that raising the minimum wage would be bad for our economy bad for workers but a new report from bloomberg suggests that raising the minimum wage isn't just good for the economy it's good for job creation too according to bloomberg in the fifteen years since washington state voters increased that state's minimum wage to a national high of nine dollars and thirty two cents a job growth continued at an average of point eight percent annual pace that was
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point three percentage points above the national rate and bloomberg well they also report that poverty rates there have trailed the u.s. level for at least seven years so why did washington state minimum minimum wage increase have such a positive impact on the state's economy and its people it's got something to do with the multiplier effect and that's the subject of tonight's daily take. right now democrats in washington are promoting things like stronger food stamp program extensions to unemployment insurance increased infrastructure spending at the same time republicans are pushing for cuts to food stamps cuts to unemployment insurance and cuts to infrastructure spending both democrats and republicans are pushing their respective agendas because of something known as the multiplier effect sorry about exactly what the multiplier effect is let's say you get a check for one hundred dollars in the mail from the government is part of unemployment insurance it's a hundred dollars before so what could you do with that hundred dollars well you
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could spend it all you could save it all. or you could spend some and save so in a good economy people have a tendency to save some of that money which economist john maynard keynes referred to as a marginal propensity to save but in a down economy like today people don't save money they go out and spend it that's what cain refers to as a marginal propensity to consume so since we're in a bad economy right now let's say you go to the local grocery store for example and spend all of the one hundred dollars you just got. that money now becomes income for the grocery store and you've helped to increase the nation's g.d.p. by one hundred dollars grow the economy by a hundred bucks now the grocery store has to decide what are we going to do with that hundred dollars they can spend it all they can save it all or they can spend some and save. so let's say they spend ninety dollars of it and buy a new freezer from another company. that other ten dollars goes to pay taxes and
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other expenses let's say for example so that one hundred dollars that you had spent at the grocery store now becomes ninety dollars for the consumption worth of income for the freezer company in the transaction between the grocery store in the freezer company has increased g.d.p. by an additional ninety dollars so the original hundred dollars you got in the mail for unemployment insurance has been used to purchase now one hundred ninety dollars worth of goods and services in the economy now let's say the freezer company goes out and spends eighty of that ninety dollars on a new desk for the company office with the other ten dollars going to pay for taxes or other expenses the transaction between the freezer company and the office furniture company has increased g.d.p. by eighty dollars so now your initial hundred dollars. has been used to purchase two hundred seventy dollars worth of goods or services this process is known as the multiplier effect and it can theoretically go on forever in other words the dog in the office furniture company's going to buy something from somebody and it suits
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keep going except that every step along the way. eventually it reaches an end point the multiplier effect eventually reaches an end point. as people are taxed as they save money in a multiplier effect can also lose its strength and can reach an endpoint if that initial hundred dollars is not spent here in the united states so when it goes overseas for example if you choose to spend one hundred dollars on a new t.v. from japan multiplier effect would do very little to boost the u.s. economy boost in the japanese ago so basically if you take money out of the u.s. there's a very small multiplier effect but if you keep it in the country use it to buy things like local produce at a grocery store there's a much larger multiplier effect that multiplier effect explains why the government spending five dollars in new food stamp benefits produces an additional nine dollars in economic activity. food is almost all local and according to moody's analytics explains why every one dollar of unemployment benefits creates a dollar fifty five in economic activity. democrats know about the power of the
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multiplier effect and understand that by increasing government spending and giving money to people in the form of programs like food stamps and unemployment insurance you're actually helping to boost the economy because those people will go out and spend some of not all that money they're actually creating them in there the job creators and this is something that's been tried and tested even republican lawmakers after world war two when he had a recession president eisenhower borrowed and spent billions in today's dollars building the national interstate highway system which helped give a boost to the american economy in the people after nine eleven when president bush faced a recession he increased government borrowing and spending substantially to help rebuild a broken economy and nation even reagan who publicly denounced government spending every chance possible borrowed and spent over two trillion dollars that helped the rev up america's economic engines after the reagan recession but today's republicans are different like democrats they understand the power of the multiplier effect but they also understand that instead of driving the economy up
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it can also drive an economy down a negative multiplier effect with a negative multiplier effect the government cut spending so in our case you don't get that one hundred dollars an unemployment check in the mail that you were expecting that means that you aren't able you are not able to spend at the grocery store so the grocery store isn't able to spend ninety dollars of it at the freezer company the freezer company isn't able to spend eighty dollars of it at the office furniture company and along the way workers are laid off because the grocery store and the freezer store and the office store or the office furniture store they can't afford to pay their workers they were expect everybody was expecting to see the money flowing through but your unemployment check got cut off there's no money flowing through. so why would republicans want a negative multiplier effect where people are being laid off and the economy actually begins to shrink well it's actually a reason they want it because they're hell bent on sabotaging the obama presidency
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and they know that keeping the economy in the gutter is a great way to do that in fact as the newspaper the hill reported just yesterday republicans have decided that the economy would be that would be the recession that they're keeping in place will be the topic they're going to use to beat up democrats in the november midterm elections this fall so the next time you hear republicans in washington talk about cutting food stamps or unemployment insurance because they want to control government spending you know no it's actually code for sabotaging the obama presidency by keeping our economy in the tank. and that's the way it is good night wednesday march twenty fourth don't forget as tom says it's in your court now go out and do something.
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else. technology innovation all the developments around russia. that's huge you're covered. i would rather as questions to people in positions of power instead of speaking on their behalf and that's why you can find my show larry king now right here on our t.v. question more. play
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. live. live . cross talk rules in effect that means you can jump in anytime you want to. live. i marinate going on. impartial and finance our forests commentary and
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service and much much. only on the bus and. the sounds are forced to. play. money someplace in a finish line of a marathon. followed. her mum her. mum mum. mum.
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mum mum. mum. mum mum one of the new will show mama wachovia bank new policies you know. pleasure to have you with us here on t.v. today i roll researcher.
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on larry king now to inevitably modified organisms therefore they still in our food supply although they say for us to eat every serious science academy in the world all stared at genetically engineered foods are just a stage and it's fluids that are produced can vent about someone alters and they were professes that went out and said there was nothing wrong with tobacco smoke god and then we later found out that it called and that's there have been countless studies about g.m.o. foods and the idea that you know certain animals have had very adverse effects to g.m.o. foods i mean honestly that is the biggest bunch of nonsense not ever i think you're entirely are saying is not found here plus if i had been sick won't eat it and now during the week have you should be afraid all next on larry king now.
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welcome to larry king now today we are talking about genetically modified organisms in our food also known as g.m.o. those biotech foods transgenic crops genetic engineering and to some detractors as franken foods in two thousand and twelve eighty eight percent of the corn crops in the united states were genetically modified as well as ninety three percent of soy and each year the presence of g m o's in america's food supply increases is this a welcome scientific advance or a danger to our health. here to discuss this issue curtis stone chef new york times bestselling author t.v. personality and now restaurant tour. curtis recently opened his first restaurant mod where he focuses on seasonal locally sourced ingredients mord open to the public february first in the valley hills mary lou one of the new york times best
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selling author and actress currently hosts the nationally syndicated marilu henner show a longtime health and wellness advocate and she's one of the few private citizens selected to contribute to the receiving of the government's food pyramid professor goldberg is a member of the national academy of sciences and professor of molecular biology u.c.l.a. name one of the top twenty professors in the school's history he's been using genetic engineering in his research for the past three decades and my old pal john salley well as advocate t.v. host n.b.a. champion john is currently working with the los angeles school system as its health and wellness guru and will be joined as the show progresses wire of variety of guests in other locations on both sides of the issue let's start first with with dr goldberg professor of what is gee what is a g.m.o.
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we're talking about inserting genes in organisms for which is essentially they weren't born with it's a very powerful technique but it's an old technique our forty years forty years that we're going invented that was invented in one nine hundred seventy three november twenty first of april twenty third and its purpose was. the purpose was to originally to be able to study the genes in the biology of living organisms and it's led to a tremendous revolution in biology a tremendous revolution in biotechnology so you see no negative to it i think you know you can't always say that there's a there's a negative but i think you need to take it on a case by case basis there's no question that genetic engineering over the last forty years has saved hundreds and hundreds of millions of lives in the body would area has improved the food it's been tremendous improvement in agriculture particularly in the developing world there's been tremendous studies done by the united nations in the food and agriculture organization and we modify it in order
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to well we've been modified foods for ten thousand years in order to in order to and bring many say he will not necessarily make them safer although they are safer but the increased yield to allow them to grow we us to grow more on less land to reduce the amount of pesticides to reduce the amount of fertilizer to save soil and to make them more nutritionally balanced ok let's get into the panel code is what are the what's the rub look i mean as soon as you start messing around with food i think you need to have a long research process that goes into the effects of of what what we're doing with the food when when it comes to genetically modify and the ingredients that we use i really think that you mentioned it's been happening for a long time forty years to me isn't a long time you know most of the sinner in this type of a living longer than that and we've been eating food for centuries i think that where that research comes from is really important who it's funded by is really
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important you know when you look worldwide there's a sixty developed countries you mentioned the valve in countries but the developed world has a very different perspective on it than what the u.s. has sixty countries throughout the world have a the. very strict restrictions or title bans on g m a and you say companies or you say it is something sinister going on here that. these companies are making products that they want to be used in this world when you when you look at the labeling you know of course the big companies that use genetically modified ingredients don't want labels because we know that fifty three percent of americans would choose not to purchase j m. products and ninety one percent of americans want labeled but would choose not to purchase it would choose not to purchase it that's right yeah i think that you cannot stop people wanting to know what's in their food demanding more information wanting to protect their children more and the idea that there would be a company that would spend seven point one million dollars just to keep proposition
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proposition thirty seven off of you know the california legislature then you can imagine that they've got a vested interest in letters monsanto it says that they don't want the labeling on their food because people feel this way you can't stop people from wanting to have the information there have been countless studies in many many many different countries about g.m.o. foods and the idea that you know certain animals whether it's hamsters whether it's pigs whether it's its rats whatever have had a very adverse effects to g.m.o. foods and so we don't want to see our kids now we are breaking down we are not as hearty as we used to be and the generation coming up is probably going to be the first generation that doesn't live as long or as healthy as their parent but we're living longer we're living longer but our kids are not and the thing is well everyone had already you know you have a chance you're out manned here i know there's a lot of fun you know you're still going to europe a professor now. is the public worried about those john the public is
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really really not informed probably here in california she just minutes in the proposition to have us know what the label and they said no to the label they paid for us to say no we don't want people it's going to cost more money if we put labels on schools more money to the public and it's on constancy so that was the blood and if you up. in style you have to use a condom out of both and we're going to vote for what you have to do over there but we're not going to vote for what are now for we're going to vote for what's or don't you impressed with this professor i want us all in the morass one of like one of those distinguished everyone who goes it's ok yeah but this is the funniest thing he is a professor at u.c.l.a. and he and i think you're a wonderful man i'm going to do some research and point out how i'm going to do some research on it but one of the things that i do know is that i'm seven foot and i do know that yao ming is from china he's seven seven and i do know to kids are getting bigger and i do know that i have right now four kids at fourteen years old
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that are three hundred pounds and that cannot be eating healthy food now that i was absolutely nothing i can with g.m.o. yeah i have it as a do it c.n.n. doesn't have anything to do achieve anything because everything nothing is said i mean not even afford it is not yet moyles and i'm loving it and i get to read it i mean i don't know why we need other people because this panel could go for our. we're now joined by mark crumb packer he's the chief marketing officer of chipotle a since it was founded in one thousand nine hundred ninety three chipotle a has opened more than sixteen hundred locations and my two children go to two of them every day. ok marc you have heard the opening of the discussion what is the tupac late position on g.m.o. this. so fully stance on g m o's is that we don't believe there is a scientific consensus that they're safe either for human consumption or animal consumption and until we believe such
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a consensus actually exists in the scientific community we feel it's best not only to disclose that we have some g.m.o. as are many of but then to make a concerted that concerted effort to remove all of them to the extent possible for our menu so we then there's no g.m. owes it to polio there are only you have to live with them well there there are g.m. owes it all a about you know a year ago in march of two thousand and thirteen we decided to disclose what m.g.m. owes where on the menu and as we looked into it we found that there were a couple of culprits one was a soy oil which is used in a few different things the triple a and you know usually to look at lubricate a pan or as an ingredient in something and then you know our corn and flour tortillas there were some were some g.m.o. so we're very clear that quickly we're able to eliminate the soil and switch to some flour and rice bran oil so that eliminated the g.m.o. from almost everything on the menu the only remaining items are the corn flour
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tortillas the corn tortillas and chips are actually obviously made of corn so we're finding not g.m.o. corn for those and there's a little bit of corn starch in the laboratory to us where i'm in a process of removing that so by the end of two thousand and fourteen we expect all of our reading on such a poll a to be nine g.m. out ok bob why is he and this panel wrong based on. it's based on a concerted. frankly depressing anti-science campaign that's going on trickle conducted by the. it's been a concerted campaign by people who feel that natural is better back to nature is better organic is better and that's not necessarily true because the sciences and peered out every serious science academy in the world national set cademy of sciences the royal society the united nations food and agriculture organization american association for the advancement of science american medical association of
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all said that genetically engineered foods are just as safe as thing as foods that are produced can vent about the american academy of environmental medicine what about some of the other countries that have gotten involved what about just seeing that we have more allergens more autism and since one nine hundred seventy three november the twenty third we have we are become much sicker that that kind of research isn't even long enough for us to be aware is out quite on and i can show it honestly that is the biggest bunch of nonsense well i've ever heard i think you're entirely are saying is not found there are seventeen hundred peer reviewed publications that state that these plants are going to because they want to create a slang in their laboratory that are a few food safety organization european spent a half a billion dollars over the last ten years and just published the report done by scientists at institutions in universities all over europe they did more studies on these foods that anyone could ever imagine and they concluded that there's no
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documented safety hazard to genetically modified is that why right is there such a problem with labeling it ok also i was told i'm not liar so a lot of tell a ball so let me just in the sense of full disclosure so that i wrote the arguments against labeling her proposition thirty seven of the california ballot being the reasons why i feel very strongly about this. one i feel strongly about the technology because i think we really need this technology because refaeli even here you label it people won't buy it exactly so using what is label people react as good economic losses low in the second reason is that. you label things because of what the product hands you don't label the process and genetic engineering is a process and what we do in my lab and in literally thousands of labs across the world is no different than what's been done for ten thousand years if i make
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a big tomato in my lab which i don't that if i did by adding a gene that's the exactly the same gene that was used in conventional breeding to make a big tomato you have just having modified food absolutely not none in your restaurant that mark can we say this is a little reverse psychology is chipotle a saying we're going to be smart and save the people fear g.m.o. those so we're going to plug the fact that we don't have them or have very little of them so that more people will come to us based on their fear of the other food it's the reason we want to remove him as well i mean is that we don't agree that there is a scientific consensus that there's a there's a. study of peer review doesn't mean that it's accurate we believe long term studies and we're talking about long term very long term longer that anybody's are actually span and so we just don't agree with the fact that there's a there really isn't a scientific consensus that there's
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a there may not be evidence of particular health really concern that doesn't mean it so all of our goals are very high quality ingredients and we just can't find those words have yet to be used and really there's a lot of or frankly because of the lies you provided so we're not to go to a store now i don't know if a food well if you get organic it's not the amount it's certified organic means it's not g.m.o. all right mark thank you very much monsanto is one of the biggest names in genetic engineering in our next segment we'll be joined by its executive vice president dr rob freely stay with us. look.
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looks. like. i've got a quote for you. it's pretty tough to. say where it's about stories are going to get this guy like you but smear that time instead of working for the people most issues in the mainstream media are working for each other right right most days you know if. they did rather.
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than starforce ahead. of. the talking at the finish line out of iraq i'm. going to. bring along a. good doing two programs on this a full hour devoted to it because it's so important joining us now on the panel remains of course is dr robert freeway's the executive vice president cheney technology officer of monsanto. that's a leading producer of genetically engineered seed dr furley is also the two thousand and twelve recipient of the world food prize dubbed by the way the nobel prize of food you are a supporter of g m o's right yeah i'm a supporter as as a science and just who's been involved with it is all career as
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a dad who's got three kids and you know as a as a young man who grew up on a farm in the midwest and spent a lot of time thinking about agriculture and food production i think these are a really important technologies important tools as we think about food production today but even more importantly think about the challenge of producing you know twice as much food in just a few years are you saying that one monsanto that and that is you're making food healthier absolutely you know the technologies that i'm sure you've talked about with biotechnology are really an extension of the genetic modification and breeding techniques that you know man has been using since the beginning of time and we've relied on that to produce you know the better process the better proofs and vegetables that have enabled us to have that kind of choices that consumers have today and these tools that help farmers here in the u.s.
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and around the world and they are a part of the arsenal as we think about producing more food facing the challenge of climate change and you know doubling the food supply how much of the market does month saddle control. you know one of the things that make said so hard to answer is we have allies and start technology to hundreds of companies in the united states and around the world and so various companies use to use some of the knowledge you we've developed from a pure seed perspective if i just focus on the u.s. our market share in corn and soybeans and vegetables is about twenty five percent or so of the market how much money have you given to the united states government in order to keep supporting monsanto's g.m.o. and and how much did you spend avoiding g.m.o. labeling a lot of questions or so like a lot of companies we lobby on behalf of our parmer customers to make sure that the
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that you know the their issues are understood and appreciated i don't think there's anything unusual or atypical about about our lobbying efforts in terms of the of the food labeling i think those numbers are are very clear in terms of what the industry and what monsanto contributed you know both in california and by how much can house how much i mean both cases because you didn't answer my first question i don't really have the specifics but it is important to be happy to follow up with wow ok i got. you know what you could that's like a missouri man it's like her politician a slug out our sorry rob what's wrong. if they label it. not of being in fact you know i think it's a great. bishan because a lot of people think that we're against lately the reality of it is we've been very supportive of the voluntary labeling approaches that i think are really the
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true answer for labor and so you know voluntary labeling whether it's g.m.o. free or organic which are two very popular labels i think it's a lot of sense and so you know the approach that companies like like whole foods or to bowl to your what we've seen recently you know with cheerios is exactly the right way to label because you know the company wants to do them out and support and market a product and get the marquee benefit or the perceived benefit us out of a voluntary label mates please send us with all due respect to you given a very political onside you're avoiding the question again you're saying that you're supporting positive labeling which means that companies do have the freedom to say we had g.m. i free but what you know what you what you limb and i did and what you're saying is the fact that monsanto supports not liable in seven point one million yeah right you spent a lot of money signed you know i got out lobbying the government saying that he doesn't want. to be libeled. no it was
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a compulsory liveliness you know you see in presidents i have plenty of time for a bargain you know my style and. be absolutely as direct and candid is as is that so i can be because i've got a really strong passion about food and food safety as we go forward so first of all from a point of view of the jury labeling which was the point that was being debated both in california and washington state were against that because it is mandatory labeling is an f.d.a. decision and if every state were labeled their foods differently i think it would really hurt farmers in the transport of food and really create unnecessary cost and it is really not not essential because the voluntary layman's schemes for that you know we have other labeling we have other labeling for things like our be adequate have other labeling every single product that you buy since the late seventy's has some kind of label on it so why wouldn't you allowed you know g.m.o. corn g.m.o.
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so i am a week whatever i think and i can bring on a season because there are people out of the dot want to buy d. and my food so why don't they why that why the count we give them the power to make an informed the cia can make an informed decision by buying organic which is they will certify it is nine g.m.o. and i also think that this is really an arrogant conversation now going that's not on the morning everybody is just sitting here i don't think it's an arrogant conversation because it assumes that the people of california that voted no for labeling were doing it because somehow monsanto put a gun to their head now and i think they're not going to feed it dr goldberg and dr fraley how am i hurt by more information you're not hurt by more information because i think more information is great so why can't i know of a broader guys that are not as using the prevention here's the problem with the argument one can breed conventionally. a plant that might be even more harmful to you then anything that we may or may not do using modern
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genetic engineering like what plant for example no conventionally grown crops have any testing or any regulatory oversight the policy of the f.d.a. is that conventional crops and genetically engineered crops are not any different from each other and i think as henry and we have bought by my phantom and other we've got i guess well so if you had on a organic food in front of or genetically modified you would choose to eat the genetically modified because you feel it's better for it not that's another question which one would you eat i have to answer it and saying i'm a scientist i go by scientific data there's a process here it's not hocus pocus it's not magic and you can make really but i'm going to get a break guys going to get it right homer got the two thousand and thirteen un report rejects the world population will hit nine point six billion by two thousand and fifty or rob our g.m.o. crops in answer to world hunger i think they're one of the important answers
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they're not the only tool but they're really critical tool and you know they've already demonstrated the ability to reduce pesticides increase yields you know they're grown now in thirty countries around the world by tens of millions of farmers and they are an important tool particularly of think about producing food for a growing planet in the face of climate change and a lot of challenges or you know doubling the food civil but there are i'm going to there's other challenges as well absolutely we have to be able to grow more food in the next fifty years than we have in the entire history of humankind and we have to do and i'm less land much less land which means we need higher yields with much less resources water but we should also be looking at what how much money the next time and you know thanks for spending on an animal game this is harmful well look i think we're saying to people don't eat g.m.o. foods. i'm saying that i don't think that i've done it to my foods because i think an appropriate amount of research has been done on them let me let's say we're
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talking about world hunger what you're laughing but let me say this i mean if someone i doctors and they were professes that went out and said there was nothing wrong with tobacco smoke either and then we later found out that it called cancer that's correct jeanne is not tobacco spoke a gene that we know the structure of is not tobacco so you have an a gene that we know we're going to your brain is going to pass this ice or not and how are we going to have that and our children and i take note i mean i need because this is a scientific greece has such as hasn't shown the g m o's can be harmful then that then they're safe and i'm saying that's not the case disagree with even if you disagree you're disagreeing with every major scientific but by the way that's not sure what do you disagree with the national academy of science and let royal society the australian which i do we have a little has been told i mean they're lining our ice and they have an over two thousand peer reviewed experiments that have not been done by monsanto and have not been done by by syngenta been done but at least let me just address one and you
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disagree with the european food safety organization that said that they're perfectly safe rob as your fear is that if it's labeled people won't buy it is that your fear no my fear is that there's been an concerted fifteen year campaign to demonize these kinds of foods and your fear is they don't buy it and so when i listen to mary lou i hear very similar things to the climate deniers of the right in face of all the scientific and on faith that east of all our society in face of all minds is a given if they say no the climate isn't changing the climate isn't changing mix total in face of all the scientific evidence courtesan very last thing no they're there harmful there may be problems and stuff and so therefore you are wrong and i do science was about i always and i'm on the on a reality i didn't i didn't mean what are there and what he says the design for. says proves initiate it supports the obesity has raised risen but it's not a lot of g.m.o. and spend the past ten years fifteen years but has to do it does because if ninety
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percent of didn't kill you know you've been asked to come from ok as i explained and i'm not going to get too pedantic or too professorial great work how. to weigh the genetically engineered let's say swabian has a gene in it that in many cases a plant gene which makes the protein that you eat every single day in either organic or non genetically engineered vegetables it's not be indistinguishable in chemical structure and therefore it's not going to have any of these effects that you have because you're eating it as it is secondly the incept resistant crops that are made which reduce tremendously millions and millions and millions and millions of pounds of best size in the environment this is something that has been used in or he and it farming for over seven years our view is that if it's not you know us might have been sick won't eat it and now borrowing too much of you should be your
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friend and then absolutely has been used and are again are charming it's so unfair there's little forty to eighty pound bodies you know this is when i listen to this conversation. and i mean this sincerely i find it very very depressing what is up on the topic is your most thanks doctor for a week and that ends part one of a two parter of larry king live. i'm
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back with. a society that i think corporation kind of can. do and i think all that all about my. family that for politicians write a lot and write. about how. they're just too much. of a diet. that. there
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i marinated this is boom bust and these are the stories that we're tracking for you today. first up we're taking a closer look at to the years fifteen billion dollar aid package to ukraine it might sound nice of first but we're taking a look at the fine print seen what's really behind the offer then i sat down earlier today with golden guru james turk the co-founder and director of gold money dot com and he told me all about his new book the money bubble you won't want to miss my interview with him and finally in today's big deal edward harrison and i discuss how a lead to a lead airline status is really what damage it all starts right now.
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with each passing day ukrainian government's financial condition becomes more dire now according to research by morgan stanley ukraine has about ten billion dollars in debt redemptions coming due in twenty fourteen alone now ukrainian officials have made it very clear that they need thirty five billion dollars over the next two years or else they're probably scrooge to put it nicely they'll end up defaulting on some of the one hundred thirty six billion dollars in debt they currently hold an event that could end up sending shock waves through emerging markets now ukraine has less than twenty billion in foreign reserves and eight billion including debts to the i.m.f. and as much as two billion to russian natural gas company gazprom but after wednesday it now looks like ukraine could get up to thirty billion. alors from the i.m.f. you and us collectively however it's not without conditions the european union is
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preparing to offer the struggling country up to fifteen billion dollars in grants and loans in order to help shore up its new government and this comes only one day after the white house announced a one billion dollar loan guarantee for ukraine now many believe this deal would prepare ukraine's economy for eventual e.u. membership however it's unclear how much of this money will be available as cash cash that the ukraine can use to pay its existing debts and coming debt redemptions now if you remember back to november ukraine rejected a deal from the e.u. for a fifteen billion dollars loan from russia that deal being the russian one adding an added an additional five billion dollars in natural gas subsidies so ukraine opted for the russian offer in part because the russian deal gave cash immediately to ukraine along with those subsidies that i mentioned now the russian deal could have made ukraine ready for c.i.s. custom union membership now that's custom union is between russia belarus and cause
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extend and it would lay the foundation for membership in this eurasian union however as we know today the rejection of the deal sparked violent protests in ukraine and the u.s. and the you have suggested that their aid is conditional conditional being the operative word conditional upon ukraine entering into a formal i.m.f. program and this would include harsh economic terms similar to what the i.m.f. and the e.u. have offered groups and portugal now ukrainian officials had already been negotiating with the i.m.f. for six years when they opted not to take the i.m.f. deal in november the i.m.f. has repeated the frozen aid over disagreements about ukraine's economic policy in october two thousand and nine ahead of national elections previous ukrainian president viktor. yushchenko signed a bill to increase the minimum wage by over twenty. sent this place the i.m.f. chew your sixteen point four billion dollar bailout off track and as
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a result of the i.m.f. suspended payment in november two thousand and nine then you should go last to yet a coach an ex-president yulia timoshenko in february twenty eighth ten am american give me go to give me a little effort with these names so in two thousand and ten under. the i.m.f. approved a two and a half year fifteen point two billion dollar loan program for ukraine now this was under the condition that ukraine enact austerity measures to reduce its budget deficit and reduce natural gas subsidies but in two thousand and eleven the i.m.f. froze this deal when key have failed to implement the required conditions what's more is the i.m.f. deal isn't ready cash some four billion dollars from the i.m.f. would come over the next several years in the form of loan and development grants while levon billion would come in the form of financing for infrastructure and development projects by european financial institutions but the real question is will this deal give ukraine the cash that it needs well the president of the
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european commission jose emmanuel barroso was vague about all the details but what we do know is this there are also offered eleven billion euros over the next couple of years including two point two billion dollars in loans and two billion dollars in grants as well as four billion dollars in new credit from the european investment bank through two thousand and sixteen the deal has to be approved by all members that's one of the points though and before the money is available all those guys got to agree there are also said he discussed details on thursday with ukraine's interim prime minister while he's attending an emergency summit of leaders in kiev and basically the bottom line is if ukraine wants the money they're going to have to fight for it.
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gold some call it a barbarous relic others call it money james turkey is one of those guys it calls money now james has over forty years experience in international banking finance and investments in two thousand and one james co-founded gold money where he remains the director today he has a new book out called the money bubble what to do before it pops and i started my conversation with james earlier today by asking him what the book was all about take a look. the money itself is important to society and we've really lost sight of what money is money is not credit or the promise to pay at some point in time in the future money is attention set that you exchange for another tangible asset if you use anything other than a tangible us of this money you basically have payment risk and what we've seen is that payment risk comes with a lot of potential trouble two thousand and eight was a good example of the payment risk when lehman brothers went under there been other bags so the failed that highlighted the risks of the what we use now as as
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a form of money and my point is the key point of the book is that you know gold has been money for five thousand years for the past four decades we've been using credit paper instead of actual physical metal then i think that this is created a bubble and ultimately gold going to go back to its rightful the traditional role at the center of global commerce and it seems where are we seeing the money bubble in terms of asset price inflation. well you've seen it in a number of different areas particularly the way the super rich are moving out of money into things we've seen it in collectibles you know in things like paintings an andy warhol painting went for one hundred million dollars not too long ago here in london we're seeing it in real estate where prices just keep going up and up because people understand that it's safer to own something like a building or a painting rather than currencies which are going to be based by central bank printing quantitative easing or whatever you want to call it there's
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a lot of risk associated right now with national currencies so people are moving into things that's one of the reason why gold has been rising you know for the past . over a decade now i'm glad you bring that up and let's talk about all now gold is a tangible asset but it's not a productive asset and it's not farmland or stocks which are tied to revenue streams or potential economic production now i want you to take a quick listen to what warren buffett says about this. if you buy gold today you hold it one hundred years you can go do it every day and you're good you can do it and you can correct and you can flog. one hundred years now you know one ounce or go about it won't have done anything for you in between if you buy a hundred acres of farmland it will produce for you every year you could use that money to buy more farm i had to do it all kinds of things for one hundred years that will produce things for you and you still have a hundred acres of farmland that they have. now maybe he is trying to sell his
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property and the real question is why should anyone pot of gold. because gold is money you can put a stack of one hundred dollar bills in a vault and come back in a hundred years or a stack of british pound notes in a vault and come back when they're two years but those next to the gold gold will still have the same purchasing power of the pound and the british pound notes will not an ounce of gold still buys the same on a crude oil that it did fifty sixty years ago and that's a gold still. buys a man suit an ounce of gold in roman ancient roman times would buy a toga for roman sun senator the thing is that we need money in our economy and the two types of money there's physical money like gold and silver or there's paper money which is based on promises and money that's based on promises is faulty it has problems it loses purchasing power as gold and silver do not and the reason why gold doesn't it's actually very important it's the only asset that we produce for accumulation all of the gold mine throughout history still exists and it's above ground stock and importantly it grows by about one and three quarters percent per
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annum consistently year after year after year so it fits very well in milton friedman is what he called a scale rule that in order to have stable purchasing power you need a stable growth in the in the money supply and gold does this perfectly now recently our goals is to be getting a bit of a safe haven bid to the volatility in emerging markets why do you think the price of gold is increasing. well if if there are monetary problems around the world and those monetary problems can be caused by a variety of different things that could be caused by central bank actions that can be caused by threats of war or an outbreak of war you know people will move in out of illiquid things into safe things and of a safe a sub them all is gold and the reason why it's a tangible asset gold does not have any counterparty risk it's not based on a promise like all other national currencies so if you want to own something that's outside the banking system you really want to own physical gold and to give you
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a good example is you know there's a lot of economic warfare that's been waged over the past few decades banks have been frozen for some individuals and when countries have an economic war against one another. the swift international payment system has been used as a an economic weapon in the past but all of these things are contingent upon national currencies gold as a tangible asset and you can avoid all of the risks of otherwise associated with national currencies when you own physical metal you know here's the question now if there's some sort of apocalyptic event you know you can't eat gold and you can't really do anything with it it's better to have spam in that situation would you not agree. but what you do with gold is you use it for economic calculation in other words you measure the prices of goods and services or you measure the amount of purchasing power that it can convey it does what money is supposed to do it also does another part that money supposed to do it preserves purchasing power over long
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periods of time as i just explained a moment ago the only thing that gold doesn't do is it doesn't generally circulate as currency and the reason why it doesn't is because of an economic principle called gresham's law where the bad money drives out the good money drives the good money out of circulation the bad money gets spent and the good money gets saved so people spend their currencies and they save gold this is way it's been for the last forty years but as i was saying earlier i think gold will once again at some point in time in the future also become a currency once more. already you know i want to talk about this i'm hearing reports of heavy buyers of gold in china and india yet meanwhile i'm also hearing about people in the west being net sellers of gold so the question is is there some sort of net flow of gold from the west to east. yeah that's absolutely right in the east where i actually spent most of the one nine hundred seventy s. living in asia most of the one nine hundred eighty s. living in the middle east so i'm familiar with those parts of the world they have
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an intuitive understanding that gold is money you know they might look at warren buffett statement about gold and scratch their heads as to why he would even say something like that because they understand intuitively that gold has usefulness utility in economic calculation as a form of money and what we've seen recently because central banks and central planners have been forcing the price down through interventions in the market the price of gold is very low it's not understood in the west how good value gold is it is very well understood in the east how good gold value is at these prices so you're seeing this flow of physical model from the west to the east what's being done here in the west is that paper prices paper market representations for physical gold but instead of physical gold themselves you know derivatives of various sorts are being used to keep the price lower because when you keep the price of gold lower it makes the dollar and the euro and other national currencies look better but what this does is for people who really understand gold usefulness
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and utility the opportunity to get out of national currencies and into physical nuttall at very very attractive prices. time now for a very quick break but stick around because when we return more from my interview with james turk then in today's big deal edward harrison and i talk about how much harder it's going to be for folks to get to the front of the plane thanks to many new models being implemented by airlines i'll tell you all about it but as we go to break here are a look at some your closing numbers of the bell today stick around. i've got a quote for you. it's pretty time. they wait substory. get this guy like me. at that time stead of working for the people most missions the beach were for each other bribes to.
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the dead rather. than you will the moment like these policies i describe you. pleasure to have you with us here on t.v. today i roll researcher. welcome back now for the second half of my conversation with james turk i started
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off by asking him you know what about this proposed new loans in the ukraine i want to ask him specifically where this money that was going to be proposed by the e.u. to the ukraine was going to come from this was his reaction to that question out of thin air it's not really money it's just promises that they basically are making so you know you got to take this with a certain grain of salt you know money like everything else in the world world comes from hard work it doesn't come from some promise to pay in the future here's a good example or and if i go into a shop and i say i want to buy a loaf of bread and i'll pay the shopkeeper in a week's time the shopkeeper hasn't been paid if i go in and say that here take this national currency the shopkeeper still hasn't been paid because until he takes that promise the national. currency he's still accepting credit yes to take that promise and buy some good or service with it but if i go in and pay for it with a gold or silver coin there is no lingering obligations exchanging attention and
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the good he selling for the tensional us that i'm using to pay and i think that's really the importance of gold it shows that there is no cut of party risk and ultimately you know this is what money has been for five thousand years and i think ultimately we're going to go back to that once the money bubble pops james when we spoke to casey about precious metals he indicated that he saw gold is unique in that it's not an industrial metal but savvy investors such as warren buffett they've been drawn to silver in the recent past and buffett famously bought one hundred thirty million ounces of silver in the late ninety's and then sold in two thousand and six what do you think of silverware as an investment vehicle. well i'm actually more bullish on silver than i am on gold and the reason why is that i look at the ratio of how many ounces of silver it takes to purchase a one ounce of gold historically it's about sixteen ounces of silver is equal to one ounce of gold at the moment it's about sixty two or sixty three ounces of silver it's equal to one ounce of gold so relative to gold even though gold is
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cheap silver looks even cheaper now the problem with silver is that unlike gold which is basically has its value only because it's a form of money silver really has two roles it has an industrial role and it also has a monetary role in that sense its monetary role is can be seen as a substitute for gold because when you own sixty three ounces of silver it does the same thing for you as one ounce of gold at present it's money outside the banking system but because you have to demand coming from these two different areas industrial and monetary silver can be very very volatile and therefore it's not for everybody but if you have concluded that you want to own some precious metals i do recommend that you look at silver and if you're prepared to accept the volatility in the risk associated with that have some say physical silver in your portfolio as well generally i recommend no more than one third of your precious metals b. and silver with the remaining two thirds in gold but again this is just a general statement everybody has to do what fits their own personal circumstances
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when buffett sold itself are some believe he was forced out of the new silver asked now what's your take on paper sell for. my take on paper silver is the same as paper gold of the way that all car you want to own the real thing let me put it this way you have to decide why you want to own gold or why you want to own silver if you're looking at them as a safe haven a tangible asset then you have to buy the actual physical metal on the other hand if you're a speculator or a professional trader and you want to profit from fluctuations in the price of silver or gold you know buying it if you think it's going to go up or selling it short if you think it's going to go down then you can deal in the paper gold or the paper silver market you know futures contracts options and things of that nature you know leave that paper market to the professionals leave it to the speculators for the average individual what you really need to look at is physical gold and physical silver and you can do it in either two ways you can buy it and store it
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yourself or you can buy it and have someone store it for you if you choose this professional storage option make sure they have good governance procedures so that you know that your gold and silver always safe piers i want to ask you just paper silver like silver in c.s. have the actual physical commodity backing their shares there or do you think they're just playing fast and loose they have the derivatives market. you know that's really a very good question aaron you know back ten years ago when the e.t.s. wrister first started appearing i was quite optimistic about them and the potential that they would have. on the price of gold and you know make it a convenient way to buy physical silver but you know after studying it and in particular reading through all of the prospectuses of the various e.t.s. there are so many loopholes in there that i really question whether all of the physical model is actually there so again i see an e.t.f.
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not really as a representation not really as a way of acquiring physical metal i just see it as again a paper gold or a paper silver scheme and it should be left to people who are looking to benefit from the fluctuations in gold or silver price rather than somebody who's looking to gold or silver as a safe haven. now recently a lot of people are talking about the prospect of deflation yet you're concerned with inflation why is that. well i'm actually concerned with hyperinflation to be quite honest the reason why i'm concerned about this is that if you go back and look in there been many hyperinflation. and you know the in the past century they manifest themselves in different ways but they have always the same cause a government has control of the monetary process the government wants to spend money it's spending more money than it's receiving in revenue which forces it to go out and borrow and eventually the governments reach
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a stage where people are either unwilling or unable to lend to the government anymore money so the government then turns to the central bank and forces the central bank to turn this government paper into currency used to be called money printing now it's called quantitative easing but when you turn government paper into currency your ultimate lay on the road to hyperinflation or the destruction of the currency and is really a function of two different things you know we talk about the quantity of money and one and two and three but we nor most of the time the demand for money with money like any other goods or service has a supply and demand and what happens as too much money printing occurs eventually the demand for currency lessons and whenever you have a lessening demand for something it's price or in the case of money it's purchasing power declines and we're seeing this now again in certain asset classes mainly the super rich in a get it they understand that there's
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a flight from the currency they've already begun by spending their money on any kind of tangible asset they can get their their hands on rather than leaving their money sitting in a bank having a risk of a bank failure having a risk of a bail and having a risk of inflation or much more money printing and my sense of it is that this momentum this trend that's been underway now for four decades basically since we stopped the formal link to the gold standard back in one thousand nine hundred one has enabled. the cumulation of misguided policy and misguided conventional wisdom and that's the essence of the money bubble and what we as individuals have to do is recognize what's going on and take the steps to protect ourselves come what may particularly if this money bubble pops which i expect that it will. that was james turk author of the money bubble what to do before it pops time now for today's big deal.
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in today's big deal edward harrison sits down with me to discuss air miles for money or miles from i've been talking a lot about exclusive fancy stuff lately but specifically what we wanted to talk about today is how airline companies are revamping their frequent flyer programs based on ticket prices not miles traveled is this just another step toward separating the plebeians from the patricians is that. now in twenty fifteen delta airlines will start awarding customers reward miles a based on how much they pay for their ticket instead of the distance that they traveled now joining southwest airlines in their rapid rewards program they have something similar southwest airlines now bloomberg businessweek has reported that united airlines also plans to peg rewards to spending levels in addition to mileage requirements so read can you explain what the economics are behind this program what is going on here i think boils down to is that you know everyone is.
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a loyalty programmer and so. what they've seen is that they get to the huge margins first class and business class and so with this loyalty program that they want to they don't want just they want to be able to separate they want to have price discrimination based on the people that are going to give them the biggest margin and they can only do that if they can put people in different tiers and know that those are the people those are the customers that are most profitable right now they don't know that everyone who is in the higher tears or the profit they just might have just been travelling a lot that year because they have sick grandmother or those i said you know i think flying them are really cheap tickets and they were right we've got. priceline or something exacerbated a chip on but we talked about a story just like this just a week or so ago and we discussed the exclusive amenities offered to high paying customers by airlines now these explicit amenities come with a price tag so take
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a look at how much a round trip flight on cathay pacific between new york and hong kong cost i took that flight oh a lot fortunately the company paying for it was sixteen hundred dollars in coach sixty one dollars just for courage seventy six hundred for business and nineteen k. it's a fact one thousand came first class now that's a huge gap between coach and first how are airlines going to use this huge gap to determine this a status that's the question will you know i think the two examples that you gave were interesting with united. in the delta example my understanding is that you know the six hundred was that nineteen thousand that's going to be what you're going to get in terms of miles so you need to see this huge attended up in terms of you know what you get in their loyalty program versus the other one which is exactly like it used to be except they have sort of a cap that you know it's not just going to be miles to get you into our program but if you don't spend the money you can't get it isn't that like having
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a fancy credit card you have to pay just to hold the credit card you know was a. green card and then you have the next tier so they have already pre auditions you so to speak in the card or the platinum card but the thing about those cards that's interesting is that once you're in the program you stay with this if you don't meet the requirements every year than you are now here's the question why do you think airlines are now paying more attention to this a lead customer or not even at least a high paying customer customer now versus before well you know the really hard over the last ten to fifteen years ever since deregulation and it's a hard industry it's a difficult industry and. decided you know look. you know we've got to make sure that all of our loyalty programs go along with the incentives that we're trying to offer we want these businesspeople and these first class people to feel like kings
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you know it's goes back in love with this whole sort of pollute the thing that people are talking about fortunately this this this class division right or we're seeing that reflected in terms of what people can pay and therefore the airlines are getting into the microcosm of life that is air travel it's kind of scary it was all for now back to you can see all segments on. you tube dot com backslash the best our team tweeted us at our night at edward n.h. shout we're out.
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was. it was and.
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was. was. behind snipers they were. somebody's. elites conversation between european diplomats address that deadly shootings during recent riots in kiev were carried out by anti government forces and had nothing to do with the ousted president. no shots good have been fired by very good forces i'm sure there was some outside force involved in the publications of the deaths on both sides it was an organized team of professionals. who are here from a special force commander who witnessed the mayhem on kiev's independence square first time. meanwhile moscow washington and you to continue tens negotiations on ukraine with no compromise yet on the horizon. and also this hour
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downing street is accused of a cover rob after their arrest of one of the british prime ministers closest aides on child porn allegation. hello and welcome to all seem to national twenty four hour news a live from moscow my name is tom a story now and these are the images that show the world just a few weeks ago when over a should be people were shot dead during riots in kiev ukraine's government that insisted that police had nothing to do with the killings and now those claims have been independently backed up in the league's conversation with the e.u.'s foreign policy chief a stoniest top diplomat says it was the same snipers who targeted both. pilots.
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well they didn't chose people who were killed by snipers from both sides among policemen and people from the streets that they were at the same snipers killing people from both sides the lot yeah but the same same handwriting the same type of bullets and it's really disturbing that now that you. nucleation that they don't want to investigate what exactly happened so that there is now stronger and stronger understanding that behind snipers stable it was not going to go which but it's a somebody from the new coalition the e.u. foreign policy chief have refused to comment on the matter but the often pisses heal the conversation has been confirmed by a staying here so in their recording the baltic nation's foreign minister clearly stated that the snipers who show governors of people in kiev were hired by someone in ukraine's new coalition but while commenting on the conversation he insisted
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that this does not implicate the cranes in your forty's in the killings and the conversation itself is likely to get the public for attention of international affairs expert or honest about her already. i sincerely hope to build awareness amongst the people and commentators said as it was mentioned they you all knew about this they know they've sat on this information for a few days until it was leaked and what actually has inspired it really does not surprise me one bit one of the most powerful and universal methods of spreading ideas and visual propaganda and this is used in politics to the community cause so why was it to convince not only the population of the europeans but of americans that ukraine needs to be saved from a democratically elected president the bad special force that
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that what tasca rather with ensuring or dinky of during the deadly riots has been disbanded by ukraine's new south proclaimed authorities many of their officers have taken refuge in crimea where our correspondent in your pursuit of caught up with one of their commanders. well the latest leak suggesting that the snipers who were fighting during the violence in kiev during the uprising on the side of the rioters were not only targeting the swat teams who were trying to keep order there on the streets but the rioters as well we came here in the crimean capital to the base awful one of the swat teams the berkowitz swat teams who were there on the streets and basically in the middle of that whole situation and we're meeting with the head off that team to find out what really happened there and how it was seen from the eyes security forces present there should. have some point we clearly understood
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that this was no longer like the peaceful protests of two thousand and four and two thousand and seven this time it was all about provocation not only violent but dirty tactics by the rioters while we were on our and we didn't even have non-lethal weapons the plan of those who masterminded this was to make the bird could force crumble to be moralized and pressure us to switch sides but that didn't happen and then came the worst the shooting rounds are fired at both sides but as i've already told you that we didn't have any weapons it was so difficult to understand what was happening but officers just began falling to the ground one by one so would became clear people were dying from bullets but again no shots could have been fired by barrett could kill it i'm sure there was some outside force a third party involved in the provocations and the deaths on both sides it was an organized team of professionals. meanwhile unprecedented war was has been
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intensifying by the day with western politicians and the media using social language when it comes to russia as well when you're crying in prices and this is after the same politicians going to violent riots in key have less than a month ago he's going to check on investigates. aggression is the word that you often hear in the u.s. media and from u.s. officials with regard to russia's presidency and ukraine what they fail to show is the aggression. it's very difficult to talk about aggression when you show thousands of people cheering for russia in different parts of ukraine right maybe that's why you don't see this kind of footage on us t.v. very often but if you do see this coverage in which russia's military presence there in itself is presented as an intervention what the end curs and pundits often fail to mention is that you have an agreement under which russia has
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a lot to deploy twenty five thousand troops in ukraine it now has presumably sixteen thousand or so so you get a kick picture where the u.s. presents anything that goes against the interests of those who took power in kiev as an aggression and the revolution there as this peaceful takeover of power. these brave ukrainians took to the streets in order just peacefully against tyranny. to demand the barkers. so instead they were met with strikers picked them off one after the other one wonders if the police with molotov cocktails and shooting at them qualifies as standing peacefully according to secretary kerry a huge part of ukraine had no say in the power grab but my don secretary kerry apparently present it as a triumph of democracy. we've heard no comments from him on the leaks conversation between the e.u. foreign affairs chief catherine ashton and historian foreign minister where they
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talk about evidence that leaders not you know call which gave orders to snipers and the media on something like this i mean you would expect breaking news everywhere we're talking about evidence that those who are now celebrating victory in kiev may have well ordered snipers to shoot both peaceful protesters and the police but no none of that for hours it went unnoticed because it doesn't fit into the narrative as it but what the u.s. media was quick to pick up on were unverified reports like this one. robert serry has agreed to give up his mission here in ukraine he is of cause the u.n. special envoy to ukraine he's from the netherlands a father of three and he was taken against his will a short time ago by militia so after a great deal of hysteria the u.n. confirmed the envoy was not kidnapped but he did come across a group of protesters and the envoy who was apparently escorted by police at the
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time decided to leave to avoid further tension the general picture that you get is that of the u.s. mainstream media jumping on anything very fighter on verify to present russia as an aggressor without much or any knowledge of what's happening on the ground and u.s. officials wealth they continue their self-righteous tirade while being gauging actual acts of aggression around the world with innocent people dying every day in drone strikes are from violence in countries that were destabilized by the u.s. in washington i'm going to check on our team. the u.s. secretary of state says that america will be thump its military presence and they both agree turn close to russia's western border it forms part of washington's response to the situation in ukraine as john kerry pointed out after a meeting with russia's foreign minister. brings us more on that. first of all the
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u.s. secretary of state john kerry had again reiterated that for him to russia had violated the sovereignty of ukraine and that russia had made the wrong choice but russia had maintained from the very start that all its movements in crimea in the region had been within the legalities of the agreement that it had signed and now john kerry also reiterated that the dialogue is paramount tried to find a solution to the ukrainian the crimean crisis however at the same time the u.s. has announced that it will bolster its military presence in the baltic region as part of washington's a response to the ukrainian crisis and that the united states currently a provides for f. fifteen still nato is a baltic air policing rotation but they will be sending six more additional f. fifty one k c one thirty five in order to augment this mission and while on a different note the meeting between the two ministers started off with a rather informal and somewhat like to exchange when the two of them were sitting on different sides of the table.
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now at an apparent jibe to carry. him to death be a far right organization in the ukraine now what's next will be more talks of the two had said that the intense discussions will continue in rome. and he spoke to a former us presidential kinds of a wrong he believes america has no right to blame russia. for us to lecture anybody about violating sovereignty what about the sovereignty of iraq and afghanistan and yemen and north africa we're constantly being involved pakistani drug missiles we have eight hundred bases around the world we're in one hundred thirty countries where always involved it seems in somebody else's alexion and we preach democracy we finally got democracy theoretically you know in egypt there was an
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election and of course we didn't like the person they elected so we said let's go back to the military. i don't lie hypocrisy and for us to preach one thing at the same time behind the scenes we're doing things to stir up trouble for many many different reasons they but that has a ring at the nascent developments on ukraine and we'll be back with little top stories from around the globe right after the show.
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i was in the steam first. it puts everything in its. letting go of those identities for me is important. part of it is protecting it's somebody they would make a brother to but then if they really knew your story. they'd just.
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piss me before crazy how. the boy was nice to me in my name is june what's your name my name is geoffrey. your friend posts a photo from a vacation you can't afford college to different. the boss repeats the same old joke of course you like. your ex-girlfriend still pens tear jerking poetry keep. ignore it. we post only what really matters at r.t. to your facebook news feed.
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i marinate join me. for in-depth impartial and financial reporting commentary can for news and much much. only on the bus and. it will change all seem to national welcome back. downing street isn't hold over allegations that it's attempted to sweep under the rug the arrest of a close aide of the prime minister over a child pornography probe that social part of whose role was to advise on online porn filters was reportedly warned that the police were investigating him and always before he was detained he is laura smith has. his name is patrick rock
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and he is in fact a veteran conservative party david cameron's deputy chief of staff he's been called cameron's and he's had what one might call unparalleled access to access to power over a very long time over the last four decades right there in the heart of government the irony lies in the fact that he's also been closely involved in drawing up government policy on internet pornography filters and this is a man who was rested arrested recently on suspicion of what everybody's calling an offense related to child abuse images so not just pornography but what appears to be child pornography now his arrest happened on february the twelfth and he then resigned but this was all on the quiet downing street appears to have covered it up until it was confronted with it now over the last three weeks no one thing about
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this but apart from the prime minister who apparently has known for three weeks he said he was very concerned that the matter should be handled correctly that he didn't want to brief preemptively on a criminal investigation against a member of his staff but his critics who are mainly labor members of parliament opposition say that this raises a number of questions for example what level of security did patrick rock have is there other stuff that we don't know about it's also emerged by the way that rock had previously been accused of sexual harassment which was dealt with by his boss at downing street to a political figure rather than a civil servant not very usual so again some sort of oddity going on there the prime minister is being accused of a cover up and his labor critics say that this undermines the entire credibility and effectiveness of the government. deputy editor politics doco dot u.k. alec stevenson said the government has some explaining to do to regain public trust
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voters are baffled by what they're hearing at the moment what seems really strange to them is that three weeks have passed since such a senior advisor close friend of the prime minister david cameron to britain have passed since he since he left the government left number ten and resigned that is a very odd but what's even stranger here is. this who now faces allegations that he says child abuse images. was warmed by number ten before his arrest and so clearly are lots and lots of questions going around huge suspicion and number turns got a lot of questions to answer and in other world news and brave this hour venezuelan president nicolas maduro has come diplomatic ties with panama accusing the country's government of conspiring against him the decision comes amid large scale
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run ration is making a one geared for the death of former leader is get charged it last month madeira accused the united states of when instigating mass anti-government protests in venezuela and expelled three american diplomats. and the fear for journalists but algiers iraq facing trial in cairo aside he could never possibly betray his country is one of twenty reporters with a council based news network that are accused of terrorism by a court but. who denies supporting the but two other denies supporting be outlawed muslim brotherhood party egypt has been in deep political crisis as the army launched a quiet down on the islamists after toppling present morsy last july. it's been revealed that a unity contractor working on the side of an explosion m.b.u. ounce was previously fined over one hundred thousand dollars by safety regulations . tuesday's incident of the state of new jersey occurred after the company damaged
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an underground gas line at least one person was killed and seven injured in a blast and subsequent fire that destroyed fifty five units in a housing complex. lebanese state media said least three as tri goes have hit the country's eastern city have also leaving one woman and a young girl wounded the strike is believed to be linked to a syrian military offensive against a nearby a rebel stronghold clusters are frequent on the frontier between the two countries with opposition fighters often using the surrounding hills as a supply route into syria israel is speeding up the controversial construction of settlements on occupied palestinian territory eviction locals and demolishing their homes oh she's middle east correspondent policy of reports now on the plight a one palestinian family who refused to give up their land. omar had judges home has been passed down through the generations but now there's pressure on him to
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move television complaining he's on the wrong side of the wall israel is building to separate the palestinian autonomy from israel how it's all the israeli commander if you put us inside an electronic fence behind a wall and adonal with the gate so whatever you will do we're not leaving our house in our land i first met on two years ago then he told me he felt like he was living in a prison but he refused offers to move. two years ago detractors are busy planning fields around his house but because it was on the israeli side of the border the plan was to surround his home with a five meter high electric fence and he always wife and three children wanted to leave they would need to go through an underground tunnel monitored by security cameras that would connect them to the other side of the wall and palestine we can you know expecting to find something different i thought we'd see it security cameras state of the art technology but instead what we found is much the same two
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years have passed and nothing. in the malice or a new the israelis the occupation country the work slowly the poison are slowly because they do not want to appear for the world as killers and. as you can see when they finish building this tunnel they will close it with a gate the owner of the house will have a key but no one can come and visit them without permission from the army and it should be within specific hours of omar is now sick and i'm able to work he doesn't even have the strength to walk through the tunnel with me in the backyard i can't explain to you how i feel even animals have rights how can a family with three children and living in a cage feel almost vows he will fight for his home until the end policy r.t. when larger village palestinian autonomy. under now website for you right now keeping all bases covered the u.s.
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will maintain its fleet operations near the korean peninsula is a beijing op young young and that's wearing washington find out at all to get off. and russian french scientists have discovered and living says his thousand year old florist in siberia there are now fears they could be deadly and microorganisms under the frost let's get more now on our. right to see. search tree. and i think the true. on our reporters were very. instrumental. in being the little.
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the flame is about to belittle again on the black sea coast this time for the winter paralympics and let's fill you in with some twenty fourteen winter paralympic trivia five intriguing funds for you for the first time in history be host nation will compete in all disciplines of course looking to repeat team russia's achievement in the able bodied competition and another of this year's partly big first snowboarding of course and buttons that eagerly awaiting their debut at the extreme park rosa khutor and also the games have their own mascots so we won't see any more of the bear hair and leopard from the twenty forty in the opening and closing ceremonies those creatures will make way for the paralympic snowflake and ray of light the athletes will be competing in the and the chase for seventy two sets of medals finally russia would need to win almost all the rounds to break all stratas record to set back in one thousand nine hundred eighty four
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names broke as the most successful paralympic host meanwhile as the torch relay draws to a close let's now hear more about it from aussies live in france. spectators and athletes alike are ready to get the games started here and soft now the paralympic torch carrying the flame is officially entered the town and very shortly it is set to make a circuit around the mountain cluster where i'm standing the journey that's more just a good began on february twenty sixth not in greece but in the russian far east it's covered all over the country and now it's finally arrived here but it did take one international detour for the first time in paralympic history it was taken to the stoke mandeville stadium in the u.k. and that was a very important trip indeed it was to commemorate woods essentially the birthplace of the paralympic movement where nineteen forty eight dr ludwig good man held the
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first games for people with physical impairments and then made its way of course back to russia and now it's arrived here after being carried by more than one thousand people on its journey here you may notice the torch in self is not accented with bright red as it was for the winter games or rather a sky blue and that is to show the signified the strength of character inherent in the paralympic movement and what it takes for these athletes to compete at this level and indeed it's been very important for russia as the host country to communicate to these athletes that it wants the level of excellence in the in the treatment they receive and in the way the games are carried out to meet every expectation and even exceed it so right here is where the excitement is brewing and it's about to kick off here and talk to. breaking the set is coming up in a couple of minutes here on all seem to. serious
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benito's todos martin and this is breaking that you know sometimes there's a story that just define hypocrisy one is how facebook c.e.o. mark zuckerberg bought out his neighbor in mansions so he could have some privacy nevermind the millions of facebook users his personal data off to vulture businesses another is a story that broke just a few days ago the exxon is the largest natural gas producer in the u.s. and if you've been following the downward spiral of u.s. energy consumption you know that the government and big energy are pushing hard for frack in all across the country but don't you dare exxon c.e.o.'s rex
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tillerson this yard see this million or scumbag things it's perfectly ok to poison the planet with toxic pollution at the hands of his precious business but as soon as his pristine landscape gets scarred well that's just not acceptable to tell a person as rich neighbors of a lawsuit in an attempt to shut down a fracking project that's just a little too close to his texas mansion and the petition in the town to block a tower that would provide water for fracking because of how much of an eyesore it would be in the suit they actually go as far as claiming it's illegal it would create a noise nuisance and traffic hazards interestingly enough mr tillerson sday job is literally to debunk the same claims he is making in the lawsuit and to promote hydraulic fracturing a practice is already been proven to cause earthquakes and birth defects in the very least in fact tellers and is even garren as far as saying that those who oppose and try to regulate fracking are quote holding back the american economic recovery growth and global competitiveness wow i find it absolutely fascinating
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that c.e.o.'s and politicians find it perfectly acceptable to completely strip the environment toxify the land and poison the air as long as it's someone else's land someone else's family. someone else's life i'm just waiting for tellers and the set his own p.r. machine against himself after all he would want to be accused of holding back the growth of america what do you now let's break this. the the. it's a. very hard to think that. she. was happy that her had sex with her there. was.
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a survey along to the post nine eleven world is par for the course but when news broke in two thousand and twelve the new york police department going outside of its jurisdiction to spy on large swathes of new jersey's muslim community people were a little surprised the n.y.p.d. is violation of civil liberties by indiscriminately spine and other states religious populations seemed obvious and in two thousand and twelve eight muslims filed a lawsuit against the city for targeting a community for its religion but last week a federal judge threw out the case altogether alleging that the surveillance was not a violation of civil liberties because it can be ducted to prevent terrorism even though no acts of terrorism are actually prevented from the spine and while there's a similar case pending in brooklyn this ruling could have set
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a dangerous precedent for the future well earlier i was joined by deepa kumar professor at rutgers university and author of the book as lama phobia and the politics of empire i first asked her to break down why the judge justified the constitution. now to get a program. to look at the background of this case this case was brought by the center for constitutional rights and this time i think it's on behalf of new jersey muslims who have been being surveillance for at least the last twelve years since two thousand and two so mosques and schools and community centers and student groups and even great school does find we have months and they are and the idea behind this lawsuit was to say that this is unconstitutional and this program should be suspended. but what the judge ruled was that actually no harm was done by surveillance you know never mind the psychological trauma that new jersey muslims are faced how do we treat as you know in all of their institutions and so what. was
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done to that how come that was done by the associated press which broke the story the associated press did some amazing investigative journalism for which they won the pulitzer prize the judge decided that they were the ones who caused not the actual survey and so you know you have it in one fell swoop you have not only the justification for racial and religious profiling but it impacts on the press right in fact on the associated press and the idea that the press should be watchdogs of the government that is shocking that they would actually go as far as claiming that the harm wasn't the surveillance system itself it was the just the press of the fact that surveillance was happening i mean what do you think about that claim well i think this is a completely specious claim i think that it's this ruling absolutely sends the wrong message it sends a green light not only to the n.y.p.d. to continue these practices of savannah and but to police agencies all over the country this week and even with absolute impunity my disability assumes that i want
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to read that danby huge document that new judge produced this is what he said he said quote the police could not pneumonic new jersey for muslim terrorist activity . without monitoring the muslim community itself the motive for the program was not solely to discriminate against muslims but rather to find muslim terrorists hiding among ordinary in all fighting muslims which is just so deeply racist you know it's a cultural racism that says that people who practice islam also programmed. to inspect immunities and this is due to the mindset of the n.y.p.d. they released a document in two thousand and seven cold terrorism in the west the homegrown threat in which they argue that there is a four step process of radicalization in which if you are just a young muslim man you are already at stage one then you become religious you stop
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smoking drinking and you stepped on to religion track and once you pop in speech right and this is really such a simplistic and problematic notion of what i think bill johnson by and said frank you this is cultural racism martin is a former republican congressman a bush appointees have been removed from a racketeering and murder case in the past for his lack of impartiality so considering his past how much do you think martinez personal politics played into the really well i'm sure of how to do that because there are a piece of schools of thought to be well the republicans who are far more conservative school of thought tends to be very simplistic in the way it mirrors the muslim terrorist enemy threat and i have no doubt that that's why you get huge role in this how is the n.y.p.d. justified and spying on locations completely outside of its jurisdiction yes well frankly this entire program is not legal because a cia agent was responsible for setting this program up so first of all the cia
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should not be involved in any kind of domestic spying or saw it so there is so many ways in which you know what the n.y.p.d. should be doing the cia should be doing has been. i raise in this case and you have accused was actually brought by a man by the name of these be. natural and and you know i believe went off to fight in the iraq war but then he comes back and finds that it is a lost cause being so right on so you know the logic is will send you to go fight for oil and so forth when you come back you're part of a suspect community. mon livable are you mention kind of the message the clear message that this ruling stands i mean expand on that what kind of precedent do you think it will set for future widespread surveillance by law enforcement agencies across the country well you know you have there's already been since two thousand and two widespread programs of the sort the n.y.p.d. is not the one institution the f.b.i.
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various you know no good police departments and been involved in arrest but the key to keep in mind is that your jealousy for instance even though this program has been in the facts and still thousand and two there has not been one seemed to lead related to terrorist activity level of terrorism conviction and actually this is consistent with nationwide statistics in the ten years since nine eleven off the one hundred fifty thousand murders in the united states most americans in the response would be thirty three of them right answer the question is why so many resources spent on yoko police department or the f.b.i. by the national security agency and so on so mailing list americans well what it comes down to i think really is that we have seen the massive development and growth for not only a civilian of the city but a national security state that relies on the same object that energy is in nine
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eleven or the corner there are these horrible muslim terrorists everywhere so we have to expand its national security state not to mention the let's be clear this national security state isn't about keeping us see it right. you think about what americans die from being died on more often from things like these related injuries forty five thousand americans die each year from not have access to power yeah right but there's no war on the for profit yes that's what it is i don't what i'm arguing the next book that i'm writing is really about a national security state that guards the interests of the one percent. and justifying that national security state is about creating this enemy and creating programs that glock the by the way not just most americans but all the center do you think that the election of new york city mayor bill de blasio has made a tangible difference and both the approach of minority surveillance and stop and frisk tactics i know a lot of people are kind of disappointed as so far yeah i mean the rhetorical the i
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think it's made some good friends because de blasio around the platform where he not only is rejecting stop and frisk but he also promised them to new york city that he would curtail and you know he just didn't like it surveillance program and only in specific cases where there was actually been television and sanctions from surveillance but to the best of my knowledge that he hasn't actually done anything the power to that and the one thing that he has done is actually wait. new police commission out who you know if you know who this man is william bratton he was the cheaper the any in the ad why would they actually the number of stop and frisk case that has expanded by fifty percent and furthermore he was fond of putting forward you know he had any emotion from you know program it was called a community mapping program which is going to do exactly the same thing with muslim americans who didn't come to fruition because there was
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a huge public outcry deeper kumar professor rutgers university author islamophobia and the politics and power always a pleasure having on thank you. sigur and you guys will break down the real welfare problem in this country. is the media lead us so we need to be. part of the scene and secure the place your party there's a goal in. their shoes that no one is asking with the guests they deserve answers from it's all on politics only on our t.v. . the first issue that this government this interim government preoccupied itself with was the future of the russian language in ukraine and that's at a time when. the country is in cannes so that shows that it shows you the chimp three the government was prepared to take the issue is you know what appears to be too many people at least in the west let's say a disproportionate use of force and
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a de facto occupation of crimea. look like bounty yard. where the locals can enjoy the song the ocean. what was there a few years ago. means these people are suffering the consequences. how much more poison lives on the ground. behind this there is what we call the clip bankole which there is because it all left by security test was closed this position of radionuclides despite what you see. there remains the don't hold it at
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least a little less than two kilos of the sodium in your stomach is iraq on the coral reef it's about the last ten meters down nuclear test a never ending legacy. perhaps one of the most controversial and politicize issues in america as a welfare yes i'm talking about all those status who can't get their grubby hands out of uncle sam's pockets full of the heels of obama signing a farm bill. that will cut funding to food stamps by eight billion dollars a new report by good jobs first has exposed the absurd amount of taxpayer dollars are going to provide welfare not for the poor but for wealthy corporations of course corporate welfare is not really mentioned on the corporate press as a problem but i wonder why it couldn't have anything to do with the fact that it's owned by five corporations well the report is aptly titled subsidizing the
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corporate one percent revealing that state and local governments have shelled out at least one hundred ten billion dollars to companies doing business in the us of a the study compiles figures over several years analyzing the many ways these companies are enjoying special treatment which income in the form of everything from utility discounts to cash giveaways in theory the government justifies corporate subsidies to incentivize business growth and to support startup industries and if applied in that way i'm not entirely against it but the stats and lack of transparency paint a much different picture to the majority of these subsidies are going to only a select few of the richest of the rich companies in the country so which mega corporations are benefiting the most first off there's dow chemical at fifty seven billion dollars company that's been exploiting us energy policy for years surpassed any other corporation on the list by the sheer number of subsidies it's received four hundred and sixteen in total adding up to one point four billion dollars next
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up digital science company intel which manufactures aerospace components made number three on the list which fifty eight subsidies totally and three point eight billion dollars or take aluminum company which has taken ninety one subsidies totaling five point six billion dollars in fact the amount that outflow receives in government handouts far exceeds their annual profits as journalist david johnston points out on the basis of its pretax income for the last four years these subsidies amount all the pretax profits can expect for the net. one hundred and eighty nine years wow so this company is essentially running on government cash nice also interesting that alcoa makes no public mention of these massive subsidies that its annual shareholders meeting finally topping the list at number one cash cow recipient is boeing with one hundred thirty seven subsidies totally a staggering thirteen billion dollars now boeing is notorious for holding jobs
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hostage while states fight each other for its contracts there's thirteen billion dollars in handouts reflects the amazing deals lucky boeing has clearly made with states like washington and south carolina keep in mind that boeing is the number two provider for america's military machine which i don't think is an industry that deserves financial breaks. guys the subsidies in this report are often in the form of tax abatement wondered which underscores exactly how much burden falls on average taxpayers because many of these massive corporations are relying on government welfare for profit employees that actually earn the money from their sales an organization called citizens for tax justice points out that at the end of the day is tax burden hits the poor especially hard at in that quote in every state low income taxpayers pay more as a share of income and the wealthiest one percent remember this report doesn't even take into account federal subsidies which highlights the need for more transparency
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on the issue of corporate welfare so you tell me which makes more sense continuing to bicker about food stamps or addressing the same corporate welfare that actually perpetuates poverty all in the name of job creation. america is one of the only so-called representative democracies in the world that is under. dominated by two parties the democrats and the republicans the left versus the right it's all manufactured paradigm when in reality both parties are more in line of the each other and the majority of americans are in line with them what's even more frustrating is how hard it is to break through the political system as an independent or third party candidate without being completely marginalized by the media when one woman is taking that chance her name is mary and
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williamson and she's running as an independent for california's thirty third district but she's also been a new york times best selling author on the subject of spirituality and self-improvement four different times she joins me now to talk about her transition from self-help guru to politician thanks so much for coming on. thank you very much for having me marian you're primarily known as a spiritual teacher and author not exactly something someone associates with politics so why do you decide to jump into the political arena. well isn't that the problem though that anybody is not associated with politics isn't part of the problem that we have a kind of political class and politics has become a kind of spectator sport everybody should feel that they're part of that show even eisenhower said politics should be the part time profession of every american citizen a very good point i totally agree with you it's time to take it out of the inside baseball. and impose op ed you wrote recently entitled a funny thing happened on the way to the primary i want to read
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a quote from him we don't have an open political system we have a political elite ruled by political parties that decides who gets to play whoever is playing however nice the person is part of the same conversation we've been having for years the stale worn out rhetoric that promises to do little more than perpetuate the system as it is i cannot agree more with how have you experienced this phenomenon firsthand is someone running outside about to party structure. well you know i think more than anything else we just have to disinter all ourselves as lincoln would say it's just a thought we have you know we have a two party to operate as you're well aware and it has a chuckle. in the system and it's sucking the oxygen out of our public discourse but there's no need for it i think americans just need to be taught some of our own history there's no mention of political parties in our founding documents george washington warned us against them in his farewell address abolition did not come from the major party suffrage did not come from the major party the civil rights movement did not come from the major party the parties although they certainly have
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their role to play but their they should be here to serve us we shouldn't be having to filter all of our thoughts through their idiology and you know j.f.k. said we should be seeking not the democratic answer or the republican answer but the right answer and at a time today as you mentioned yourself when the more disturbing news is how similar they are compared to how dissimilar they are i think it's time for some voices that just don't buy into the idea that we have to be one or the other and you describe yourself as a lifelong democrat you're running as an independent why did you choose to distance yourself from the party and what do you see as the most fundamental flaw of the left wing establishment. but i don't think of myself as really distancing from the party i think the party has distanced itself from me i think if you look at someone like bernie sanders here he acts in many cases more like a democrat as i think of a democrat acting than many democrats do and so what's happened today is that progressives have this codependent relationship with the democratic party they keep
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getting more corporatist and in many cases more militarist and progressive say oh ok and enable them one more time one thing they have to give to the tea party they're not in a codependent relationship with the he republican party and i think it's really important for progressives who are treated like the democratic party in too many cases not all cases but in too many like you know we we come to when there's an election we ignore you till the next one i just think many of us can't tell the line anymore i just know that i can't but i would caucus with democrats you know like i said bobbie can. democrat and it's hard it's like well stone said i'm from the democratic wing of the democratic party it's hard for me as a democrat to find too much comfort anymore within the purview of the democratic party you know i'm open i hope that this election you know one of the reasons i hope i win app is because i think it would really perhaps inspire a movement by which the democrats get their soul back not the people but the party
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sure i heard some people say that if nixon were running today you'd be the most liberal damage i hope there it's pretty shocking how far right everything is kind of shifted let's talk about your fund raising efforts according to open secrets you've already raised over three hundred thousand dollars far surpassing your other opponents how we've been able to do this. it's grassroots you know part of the way americans are locked out today and that's why i'm running this campaign the average american is locked out of what should be considered the minimum in terms of access to political influence educational opportunity and economic opportunity and the way that works of course with this legalized system of bribery and corruption we have especially since citizens united by which money forces wield such disproportionate influence over our political system compared to the average citizen is how expensive it is to run for office if you don't either have wealth or have access to wealth so i looked at my four hundred thousand names on facebook and my two hundred
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thousand on twitter because i i have been writing books you know my first book came out in one thousand nine hundred two so i've been out there for a while and i thought to myself looking at my social media. numbers i thought well if everybody sends me five dollars i could do this and my it's a grassroots campaign and i've announced publicly i'm not taking pac money i'm not taking lobbyist money and my average donation is fifty nine dollars. that's how it should be and. we're almost out of time i just want to get to a couple more things about isn't. audible but you're saying that you're still not being treated as a legitimate candidate even though you've made a lot of money through grassroots runners and i mean what other factors are leading to your dismissal. well you know what the fact is there is this sort of media political elite but it's ok that's what i would if i were the democrats today my studies to do would be to ignore me and pretend that i don't exist so you know i
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can't blame them for that. i just and the media you know i think when henry waxman first announced his retirement it's all horse races and it's all in the horse race is that the democrat of that democrat but you know part of running with any real principle is that the horse race is that what you're doing this for and you know the only the only the only thing that matters is what the voters have to say on june third on our primary june third so i think a lot of people are coming to understand that i would not be a threat to the democratic party i don't think anybody sees bernie sanders as a threat to the democratic party and also people are coming to understand that he doesn't lack power in the senate i think that people here in los angeles are beginning to understand that the election of an independent candidate particularly someone running on the platform of getting the money out of politics would really help create a space an opening a possibility for this kind of a candidacy and a winning candidacy throughout the country and l.a.
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likes to do things first you know this is a district that doesn't really like same ole same ole anything and people are really responding to the idea that we start new conversations here this is what we do this is why people live in california california this area starts a new conversation it's a national trend within five years and i think that's one of the selling points of this campaign i think it's an exciting idea that it's just not going to be perpetuating the system as it is when all of us know it's now or indeed california a lot of things in motion here let's talk about some the other major points of your political platform you're on board with several bills. represented has proposed including the meritorious of the use of drones the repeal of the authorization for use of military force i mean as much as i believe in these things these issues seem to be dead in the water on capitol hill how would you get congress to seriously consider them. well listen i'm not naive about what one congresswoman can do particularly a first time congress person who particularly now that it's an open seat anybody
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will be so i'm not naive i wouldn't be going to washington with a magic wand no one would and no one should be able to but on the other hand i think conviction is a force multiplier and particularly as an independent candidate not feeling shackled i think that my hopefully the contribution of my voice both within congress and because i have a national platform of some kind outside of congress as well to use whatever power that i have in terms of audience nationally to talk about these things in a way that makes more people wake up and more people ask their congress people and their candidates around the country what of what's going on with these drones i don't think the average person even realize there's abbi the power of these things they will they can know who you slept with what you just logged onto on your computer when you just walked into it and they are coming and you know the same the same government that has had to it been forced to acknowledge n.s.a. spying tells us in relation to drones not to worry because they are going to have
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to adhere to all privacy laws state federal and local americans who listen to this our god following we just need to continue the buzz it's like you create with your show a lot of voices are out there now i think something's already rumbling and i just believe that these voices need to also be represented in a less ok to see if something is definitely in a revolution of consciousness thanks for being a part of marianne williamson congressional candidate california's district thirty three really appreciate you coming on. thank you that's our show you guys join me again tomorrow. and i brought this up all over again. the wheel caught on the road side to the car skidded at breakneck speed and fell into a ditch and i was thrown out of the car she was like a broken dog it wasn't
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a single hole piece left i thought if i lived and had a chance to start my life from scratch with it i would start making doles to help children it. could go on right after he was born the baby was all in casts. his legs are getting bigger and the ortho sister get too small so we have to order new ones said lola has raised money for us she helps us to get a leg braces five years after my potentially fatal injuries in a car crash i gave birth to my little niece says i think she's my reward for helping all those children who is selling the dogs to buy life for the children. live.
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live live. live . in two thousand and chime one of the first things released by wiki leaks was a secret video recording that actually looked like a video going to showing to america actually click talk shows opening fire on a dozen people in iraq and this is going to means to live in
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a society of images of violence become normal this is what the sense of isolation and lack of empathy look like. when we try and experience to a spectacle only disassociate. and by action from activity we also have a sane person around certain kinds of her and i absolutely am frightened of the potential games desensitize people we know they can because the military uses games just as. old media war is not simply put it is chilling and chilling exacts a penalty of the killer. people for whom. it is defined by the popular media don't get. stuck.
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behind my first day when it was not going to call rich but somebody from the new coalition. leaks a conversation between european diplomats suggest that deadly shootings during recent riots in kiev were carried out by anti-government forces and had nothing to do with the ousted president. no shots have been fired by your could force a scientist but i'm sure there was some outside force involved in the publications and the deaths on both sides it was an organized team of professionals we hear from a special force commander who witnessed the mayhem in a key a first time but there is division there was an announcement and i'm able to defend itself. meanwhile moscow and washington are you to continue tense negotiations on.

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